Cardano rides out the storm: $ADA eyes influx of funds amid turbulent crypto market cardano cardanoada cardanocommunity ada
According to CoinShares, investment products focused on Cardano witnessed a remarkable influx of $500,000 over the past week.
This surge in investment is particularly noteworthy as it represents the highest flow of funds into ADA in the last month, bringing the total inflow to $4 million since the start of the year.experienced significant outflows amounting to $38 million, accounting for a substantial 80% of the total withdrawal from the market during this period. These outflows, combined with the reduction in Short Bitcoin positions, highlight the prevailing investor sentiment that has primarily revolved around BTC.
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