Ethereum, Blur, and Shiba Inu, tokens operating on the Ethereum blockchain, have sparked significant interest among global crypto enthusiasts. These tokens have risen to the top 5 on the list of smart money token inflows, indicating strong confidence from traders and investors according to data from Nanasen.AI.
On the list, Ethereum claimed the top spot, with Blur coming in second. Shiba Inu secured the fifth position. Interestingly, despite this positive sentiment from investors, the prices of ETH, BLUR, and SHIB traded lower today.
Ethereum Leads Smart Money Inflow List, Followed by Blur and Shiba Inu
According to data from Nansen.AI, Ethereum topped the list with a 24-hour inflow of $11.28 million and an exchange outflow of $92.44 million. Blur secured the second spot, boasting a 24-hour inflow of $5.40 million and an exchange outflow of $559.12K. Shiba Inu, positioned fifth, saw a 24-hour inflow of $592,435 and an exchange inflow of $388.39K, drawing significant attention across the global crypto community.
The smart money token inflow list tracks the top tokens acquired by smart money contracts in the past 24 hours. These investors, experienced within the crypto market, often signal confidence in particular digital assets, suggesting potential for future growth. Today, February 17, Ethereum, Blur, and Shiba Inu have emerged as the most sought-after tokens among smart money traders and investors.
Ethereum, Blur, and Shiba Inu Prices Experience Decline
As of the latest update, Ethereum’s price has dipped by 1.19% in the last 24 hours, settling at $2,776.63. Similarly, the prices of Ethereum-based meme tokens Blur and Shiba Inu have also seen declines, with Blur dropping by 1.93% to $0.707 and Shiba Inu decreasing by 1.70% to $0.000009695.
Despite their positions on the smart money token inflow list, which indicates investor confidence, the recent drops in prices have sparked speculation about the future performance of these tokens.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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