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Coinshares report: Millions in inflows for Polkadot, post first batch of parachain auctions
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ambcrypto.comAuction hard, and party harder. That seems to be the theme of the week as the Polkadot community celebrates the end of the first batch of parachain auctions. Members also cheered the winners who were onboarded on 18 December.
Now, CoinShares’ Digital Asset Fund Flows Weekly report reveals the aftermath of the auctions.
The report for the week ending 17 December revealed inflows of $2.5 million for Polkadot, even as digital assets across the board saw significant outflows of around $142 million. This came after seventeen consecutive weeks of inflows. The report noted,
“Bitcoin saw outflows totalling US$89m, well below the outflows seen in June where they were as much as US$150m. Ethereum saw record outflows totalling US$64m and has in the past
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