Investors Dumped a Record Amount of Bitcoin Last Week, Only to Miss Out on a Face Ripping Rally

Bitcoin dominated outflows, with $243.5 million leaving long-Bitcoin investment products, while $1.2 million left short-products.

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Bitcoin dominated outflows, with $243.5 million leaving long-Bitcoin investment products, while $1.2 million left short-products.

Ethereum saw weekly outflows of $11 million. Altcoin net flows were close to neutral – Litecoin and Tron lost $0.3 million in capital, while Solana, XRP and Polygon gained $0.4, $0.3 and $0.1 million respectively. Other altcoins lost a new $1.5 million.