Workflow
While Retail Panicked, Smart Money Grabbed These Coins During the Dip
Yahoo Finance·2025-10-01 11:15

The crypto market faced a brutal 200billionwipeoutlatelastweek,sendingshockwavesthroughretailtraders.PanicsellingdominatedastheCryptoFearandGreedIndexplungedto28,aclearsignofwidespreadfear.Butwhilesmallertradersrushedfortheexit,whalesandinstitutionalinvestorsboughtaltcoinsatadiscount.AccordingtoblockchaindataproviderNansen,Ether.fi(ETHFI)saw200 billion wipeout late last week, sending shockwaves through retail traders. Panic selling dominated as the Crypto Fear and Greed Index plunged to 28, a clear sign of widespread fear. But while smaller traders rushed for the exit, whales and institutional investors bought altcoins at a discount. According to blockchain data provider Nansen, Ether.fi (ETHFI) saw 6.6 million inflows in the past day. In the past 24 hours, Ethena also saw $4.2 million in whale accumulatio ...