Institutional Investors Sell $1,070,000,000 in Bitcoin and Crypto Assets in One Week, Ending Streak of Inflows: CoinShares
AI summary
Institutional investors sold a total of $1.07 billion in Bitcoin and crypto assets in one week, according to CoinShares. This marks the first negative result in seven weeks and the third-largest weekly outflow this year, with Bitcoin driving most of the selling with $982 million in outflows.
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