These Whales Are Never Satisfied! They Made Heavy Purchases of Bitcoin, Ethereum, and Two Altcoins, This Time They Sold XRP!

Bitcoin (BTC) and altcoins have started the new week on a positive note. At this point, BTC has set consecutive records and for the first time in its history surpassed 123 thousand dollars.

While it is expected that this momentum will continue throughout the week, CoinShares published its weekly cryptocurrency report and stated that there was an inflow of 3.7 billion dollars last week.

"Record-Breaking Momentum: Weekly inflows into cryptocurrency investment products reached $3.7 billion, marking the second-highest level on record. Total assets under management reached a new peak of $211 billion."

Record in Bitcoin and Ethereum!

When looking at crypto funds individually, it was observed that the majority of the entries were in Bitcoin.

While BTC experienced an inflow of 2.73 billion dollars, positive sentiment also prevailed in Ethereum (ETH) with an inflow of 990 million dollars.

When we look at other altcoins, Solana (SOL) had an inflow of 92.6 million dollars and Sui (SUI) had an inflow of 3.5 million dollars, while XRP experienced an outflow of 104 million dollars.

"Bitcoin saw an inflow of $2.7 billion weekly, bringing its total asset value to $179.5 billion. This corresponds to 54% of the total asset value held in gold ETPs for the first time.

Ethereum recorded a total inflow of 990 million dollars for the 12th consecutive week, becoming the 4th largest inflow at record levels.

Relatively, Ethereum's inflows over the last 12 weeks account for 19.5% of its managed assets, while Bitcoin accounts for 9.8%.

XRP had the largest weekly surge at 104 million dollars, while Solana recorded a strong entry at 92.6 million dollars.

When looking at regional fund inflows and outflows, the US ranked first with an inflow of $3.78 billion.

After the USA, Switzerland experienced an inflow of 65.8 million dollars, and Canada 17.1 million dollars.

In response to these entries, Germany experienced an outflow of 85.7 million dollars, while Sweden had an outflow of 15.7 million dollars.