As reported by BitcoinSistemi, CoinShares released its weekly cryptocurrency report showing $1.94 billion in outflows last week, the third-largest since 2018. Bitcoin and Ethereum saw major outflows, while XRP bucked the trend with $89.3 million in inflows. Bitcoin dropped to $80,000 on Friday but recovered to $86,000 by the following week. Altcoins like Solana and Sui also experienced outflows, while Litecoin and XRP saw small inflows. The U.S. led outflows with $1.68 billion, followed by Germany and Switzerland.
CoinShares Weekly Report: $1.94B Outflows, XRP Sees Inflows Amid Market Volatility
BitcoinsistemiShare






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.



