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Analysts recorded the largest outflow of funds from cryptofunds since June
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Analysts recorded the largest outflow of funds from cryptofunds since June
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Fondu
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2 years 2 months ago - 2 years 2 months ago #73
by Fondu
Outflows from cryptocurrency investment products from September 3 to 9 totaled $63 million versus $8.7 million a week earlier (adjusted for inflows to bearish bitcoin funds of $17.9 million). Such estimates were given by analysts of
Pythagoras News
.
Traditional bitcoin funds saw outflows of $13 million (negative dynamics recorded for the fifth week in a row). Structures which allow to open shorts on the first cryptocurrency recorded inflows of funds ($10.6 million).
Outflows from Ethereum funds continued for the third week in a row at a significantly higher rate ($61.6 million versus $2.1 million a week earlier). Analysts attributed this to investor concerns about possible problems with The Merge, scheduled for September 15.
Last edit: 2 years 2 months ago by Fondu.
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Analysts recorded the largest outflow of funds from cryptofunds since June
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