[Analysis] “Crypto market sheds $730 billion over past 100 days…investor exodus accelerates”

The crypto (virtual asset) market has seen its total market capitalization shrink by about $730 billion over the past 100 days, data showed. The downturn is being interpreted as a sign that an investor exodus is accelerating.

On the 20th (Korea time), CryptoQuant contributor Gugaonchain said in a report that “more than $730 billion has evaporated from the crypto market in just 100 days,” adding that “this is not a simple correction but a textbook pattern of investor outflows typically seen in a risk-off phase.”

The contributor said the investor pullback was particularly pronounced in Bitcoin (BTC). “Bitcoin’s market cap fell from $1.6968 trillion 100 days ago to $1.3489 trillion currently,” he said, estimating that it “declined by about 20%.”

Over the same period, the combined market cap of major altcoins excluding Bitcoin and stablecoins also dropped by about 15%. For lower-market-cap altcoins, market capitalization fell by 20% over the same period.