Ethereum, the world’s second-largest cryptocurrency by market capitalization, has experienced a substantial exodus of investor funds. According to the latest report from Coin Shares, Ethereum-based investment products witnessed a staggering $61 million in outflows, marking the highest withdrawal since August 2022. This significant movement of funds underscores shifting investor sentiment and its implications for the broader cryptocurrency market.·
For the full story, head over to TheCurrencyAnalytics.com.