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    Home»Altcoins»Wall Street Investors Poured Millions of Dollars into SOL and TRX
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    Altcoins

    Wall Street Investors Poured Millions of Dollars into SOL and TRX

    AdministratorBy Administrator14.12.2021No Comments2 Mins Read
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    Crypto funds have recorded a sharp influx of investment capital into the SOL and TRX altcoins, CoinShares said

    Wall Street crypto funds have recorded capital inflows into altcoins. CoinShares announced this in its blog. According to the published data, during the week the most money went to funds with SOL ($ 19 million). Funds with TRX received $ 17 million, and multicurrency funds – $ 15 million.

    Wall Street Investors Poured Millions of Dollars into SOL and

    Source: medium.com

    It is noteworthy that on a monthly basis TRX also raised $ 17.2 million. This means that only last week, investors invested 100% of the monthly volume in funds with TRX. Such a large increase has already led to the fact that altcoin overtook the monthly inflow of money into funds with ADA. TRX also came close to ADA in terms of annual indicators. In the case of SOL, the injection of money is also significant – $ 24.5 million per month, which signals an inflow of 76.7% of monthly capital in the last week alone.

    Money is also arriving in bitcoin funds, but not as rapidly as before. During the week, funds with bitcoin replenished by $ 51 million. Over the month, the inflow amounted to $ 88.2 million. Most of the investment capital went to Purpose funds ($ 176.6 million), ProShares ($ 47.7 million) and others ($ 46.3 million).

    CoinShares notes that the market is experiencing divergence of thinking among investors. For example, some see a falling market as a reason for panic selling, while others see it as an opportunity to buy. The main seller in the market is Europe, and the buyer is North America, analysts said.

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    All information contained on our website is published in good faith and objectivity, and for informational purposes only. The reader is solely responsible for any actions he takes based on the information received on our website.




    #Wall #Street #Investors #Poured #Millions #Dollars #SOL #TRX

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