On August 29, according to Coinglass data, the net inflow of cryptocurrency spot funds in the past 24 hours is as follows:
SOL net inflow of $116 million;
USD1 net inflow of $46 million;
EUR net inflow of $8.6 million;
BNB net inflow of $7 million;
W net inflow of $4.75 million.
The net outflow of cryptocurrency spot funds is as follows:
BTC net outflow of $325 million;
ETH net outflow of $252 million;
XRP net outflow of $90 million;
CRO net outflow of $78 million;
PYTH net outflow of $39 million.
PYTH is experiencing outflows, it is not recommended to chase highs, and Ethereum is also seeing outflows, so be cautious; Bitcoin is too. The data also explains why SOL is relatively strong!