According to Nansen data, on August 8, major players in the crypto market transferred large amounts of funds to the Ethereum network, LDO coin and
Major crypto market players transferred large amounts of funds to the Ethereum network on August 8, according to Nansen data. These professional investors, known as Smart Money, showed great interest in Ethereum’s derivatives and related tokens.
The list that tracks 24-hour Ethereum network fund inflows shows the most notable flows:
Fund inflows of this scale once again demonstrate the reliability and attractiveness of the Ethereum network and ecosystem among investors. Especially with the Ethereum 2.0 transition, the network’s significant improvements in scalability and security continue to attract the attention of institutional investors.
As a result, Smart Money’s large investments in Ethereum could be a significant turning point in the cryptocurrency market. This development gives positive signals about the future of Ethereum and could become a reference point for other cryptocurrency projects.
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