Pantera Capital Crypto Fund Makes Over $21 Million Profit This Week
BlockBeats News, January 18th, according to Nansen data, crypto fund Pantera Capital is far ahead on the P&L leaderboard this week, with three wallets making profits of $12.1 million, $6 million, and $3.6 million, respectively. Meanwhile, Arrington XRP Capital also saw gains, but on a smaller scale compared to Pantera Capital. Most other funds had a mediocre performance this week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
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