Shocking $921 Million Crypto Flood! 2 Altcoins DOMINATE, Ethereum Whales Flee NOW!
Believe it or not, institutional investors poured nearly a billion dollars into crypto last week, defying traditional market expectations. This massive $921 million surge was primarily driven by lower-than-expected US inflation data, with Solana and XRP dominating altcoin institutional flows. Solana specifically attracted $29.4 million last week and a staggering $2.8 billion this year, while XRP led altcoin inflows with $84.3 million, buoyed by anticipation of spot ETFs. Interestingly, despite this bullish trend, Ethereum experienced significant outflows as whales capitulated, even though analysts remain optimistic about its long-term rebound due to its foundational role. This dynamic shift reveals a growing institutional appetite for altcoins beyond Bitcoin. Don't miss out on understanding these critical market movements; make sure to subscribe to our channel for the latest insights.
Tags/Hashtags: #crypto #solana #xrp #ethereum #bitcoin #altcoin #defi #bitcoin #solana #xrp #ether #coinshares #cryptoquant
Leave a Reply