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AMB Crypto
2023-02-21 19:30:33

Cosmos [ATOM]: Institutional investment drowns as traders eye longs, more inside

Cosmos [ATOM]: Institutional investment drowns as traders eye longs, more inside

Outflow from Cosmos Hub’s institutional investment hit highs despite retail trading interest. Traders continued to prefer long positions even as liquidations skipped the short sell. Cosmos [ATOM], whose objectives centered around an interconnected economy of blockchains, were part of the assets that experienced massive institutional outflows over the previous week. According to CoinShares’ weekly fund

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