The crypto market has recently experienced a great development in the case of funds inflow. The data points out that the CBETH token has received 1st place in the list of crypto tokens with the maximum funds inflow. FLUX, BTC, OCEAN, SKL, and WOO tokens are following CBETH with substantial inflows.
OK, let’s see where the so called smart money is going.
Interesting:
1. Significant amount going through staked $ETH through Coinbase.
2. Great to see $FLUX here. One of best #DePin players out there and significantly undervalued.$btc $ocean $skl $storj $pepe $woo pic.twitter.com/SReUpDSyjt
— Crypto Academic (@cryptoacademic) June 23, 2024
CBETH Rules the Crypto Market with Its Massive Funds Inflows
The on-chain data points out that the Coinbase-based ETH token (CBETH) has been seeing a substantial amount of funds via staking. Hence, CBETH saw an inflow of up to $849.207K. The respective development has reportedly gained huge attention within the overall market. Nonetheless, the 2nd-spot holder FLUX has seen a relatively very low funds inflow. It has reportedly seen nearly $171.031K in funds inflows.
Bitcoin (BTC), the chief crypto asset, has gained the 3rd position in this respect. Nevertheless, the fund inflows of the crypto token have reached just $64.394K. After that, the OCEAN token expressed a further decreased position. The crypto token has seen a funds inflow of approximately $51.062 worth. The 5th position is obtained by the crypto token SKL as it has reached $50.216K.
PEPE Comes Last in the Top-10 List with Just $5.975K in Its Funds Inflows
Following that, WOO stands at the 6th spot with $26.920K in its funds inflows. The 7th rank is received by WBTC with funds inflows of up to $16.091K worth. The ETHX coin effectively occupies the 8th place with approximately $14.623K worth of funds inflows. Then STORJ and PEPE tokens see funds inflows of almost $12.776K and $5.975K worth respectively.