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Institutional traders purchased the dip as China FUD broke
Institutional traders had been shopping for the dip on the again of China’s newest FUD, with digital asset funding merchandise producing $95 million price of inflows final week.
In keeping with CoinShares’ Sept. 27 Digital Asset Fund Flows Weekly report, a surge in dip shopping for helped drive a sixth consecutive week of inflows for institutional crypto funding merchandise broadly.
The nice wall of FUD
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