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SUI $0.8582 -2.10%
XLM $0.2506 +1.88%
ZEC $530.16 -3.44%
BTC $70,643.48 -3.93%
ETH $1,959.82 -2.26%
BNB $674.96 -6.20%
XRP $1.28 -3.55%
SOL $79.27 -2.99%
TRX $0.3461 -0.67%
DOGE $0.0978 -1.77%
ADA $0.2262 -3.04%
BCH $285.98 -4.41%
LINK $8.86 -2.21%
HYPE $70.78 +3.39%
AAVE $78.63 -3.46%
SUI $0.8582 -2.10%
XLM $0.2506 +1.88%
ZEC $530.16 -3.44%

flow

CoinShares: Digital asset funds saw a net outflow of $1.67 billion in a single week, marking the second largest outflow record of the year

CoinShares' latest weekly report shows that global digital asset investment products recorded a net outflow of $1.67 billion last week, marking the third consecutive week of capital outflow and the second largest single-week outflow since 2026, second only to the week of January 23. The cumulative net outflow over the past three weeks has expanded to $4.21 billion, indicating that the risk aversion triggered by the situation in the Middle East has overshadowed the positive impact of the regulatory progress of the U.S. CLARITY Act.Bitcoin investment products experienced a net outflow of $1.438 billion in a single week, setting a record for the largest weekly outflow this year; Ethereum investment products saw a net outflow of $257 million. Due to the continued withdrawal of funds, the global assets under management (AuM) decreased from $148 billion the previous week to $141 billion, the lowest level since early April this year. The U.S. market contributed a net outflow of $1.63 billion, making it the main source of this round of capital withdrawal.At the same time, market risk appetite has significantly declined, with the number of altcoins receiving net inflows dropping from 11 three weeks ago to the current 5. However, XRP, Hyperliquid (HYPE), and NEAR still recorded net inflows of $20.3 million, $10.8 million, and $7.6 million, respectively.

The investigation into the French crypto kidnapping case has uncovered a transnational money laundering network, with ransom flowing to wallets in Venezuela

The French newspaper "Le Monde" revealed that there has been new progress in the investigation of a cryptocurrency-related kidnapping case that occurred in 2023. French law enforcement discovered a transnational money laundering network involving multiple countries and cryptocurrency wallets while tracing the flow of a €1.7 million cryptocurrency ransom. The victim was the father of the well-known crypto influencer "TeufeurS." The kidnappers threatened the victim's family via text messages and demanded ransom payment in cryptocurrency. Ultimately, TeufeurS transferred a total of €1.7 million to the kidnappers' designated wallet in two installments, after which his father was released.The investigation showed that part of the ransom flowed into wallet accounts controlled by foreign nationals after multiple transfers. One transfer of $131,000 was successfully traced by the French gendarmerie, with leads ultimately pointing to a cryptocurrency wallet controlled by Venezuelan nationals. The case further revealed the complex chain of money laundering utilized by criminal organizations through cross-border cryptocurrency transfers, anonymous wallets, and overseas platforms. The report stated that this case is considered one of the significant examples of kidnapping and extortion cases in the European cryptocurrency industry and may serve as an early template for multiple kidnapping cases targeting cryptocurrency practitioners in France and Europe in 2025.
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