Markets· ★★· bearish·

Dogecoin products see $29.69 million net outflow in a day

  • —Net outflows from DOGE products reached $29.69 million in 24 hours
  • —It was the second-largest outflow among tracked assets
  • —Data covers the 24 hours through October 16
Why it matters: The outflow points to weak institutional demand for the memecoin amid broader market caution.
Source: Coinotag