• Digital asset inflows hit a record $5.95 billion amid U.S. economic uncertainty.
• Whale selling pressure in Bitcoin shows signs of easing, hinting at renewed accumulation.
• Long-term Bitcoin holders are growing in number, signaling deeper market conviction.

Digital asset investment products saw record-breaking inflows of $5.95 billion last week, according to the latest CoinShares report. This surge marks the largest single-week inflow ever recorded, with total assets under management (AuM) climbing to an all-time high of $254 billion.

The sudden spike followed the Federal Open Market Committee’s (FOMC) recent interest rate cut and weaker U.S. employment data, highlighted by the ADP Payroll report.

Analysts believe these developments triggered renewed investor interest in crypto assets as traditional markets faced uncertainty.

The inflows were primarily driven by the U.S., which saw $5 billion entering the market, a new national record. Switzerland also reported a historic $563 million, while Germany recorded $312 million, its second-largest weekly total.

This widespread participation suggests global confidence in the digital asset market’s resilience.

Bitcoin, Ethereum, and Solana Lead the Charge

Bitcoin led inflows with a record-high $3.55 billion inflow for one week, despite prices getting close to lifetime highs. Most interesting, there were no shorting positions from investors, indicating high confidence for Bitcoin’s current rally.

Ethereum trailed behind with $1.48 billion for the weekly inflows, increasing its year-to-date inflows to $13.7 billion, which is almost triple what it was last year. The increasing hype for Ethereum is a reflection of growing institutional interest and general network usage.

Solana also generated headlines with all-time inflows of $706.5 million, increasing its full-year inflow to $5.8 billion. XRP received $219.4 million, reflecting persistent investor demand despite a relative lack of movement elsewhere amongst altcoins.

Together, these totals highlight healthy demand for top digital currencies amidst macroeconomic uncertainty amongst investor market members.

Also Read: Solana Skyrockets Above $230, Is $300 the Next Explosion?

Bitcoin Whales Show Signs of Exhaustion

At the same time, CryptoQuant data points towards disappearing selling pressure from whales on Bitcoin.

For the last month, large holders have been withdrawing their Bitcoin balances, putting downward pressure on the price. This, however, according to current trends, appears to have tapered down a lot.

Narrowing divergence between whale activity indicates possible re-accumulation, which might sustain Bitcoin’s relief bounce on a short-term note.

That aside, CryptoQuant also emphasized the increasing proportion of long-position holders, holders of the asset for 18 months to two years. These holders, who survived earlier declines, now seem to be gathering with vigor anew. 

Their growing presence signals maturity in the market, reflecting a shift from speculative trading to long-term strategic positioning. This trend, should it persist, could support Bitcoin’s structural cycle uptrend into the next phase of the cycle.

Also Read: Ethereum Whales Accumulate 800,000 ETH as Price Targets $5,200 in Bullish Momentum