Net Outflow of $160 Million in Bitcoin from Exchanges... Ethereum Sees Net Inflow
Summary
- It was reported that Bitcoin experienced a net outflow of $154.38 million from global exchanges.
- Ethereum, on the other hand, saw a net inflow of $36.22 million, indicating investor interest.
- Solana and XRP recorded outflows of $29.54 million and $13.44 million, respectively.
A significant outflow of funds centered around Bitcoin (BTC) and Solana (SOL) has occurred from global cryptocurrency exchanges. On the other hand, Ethereum (ETH) and USD Coin (USDC) have turned to net inflows.
According to the cryptocurrency data platform CoinGlass, Bitcoin experienced a net outflow of $154.38 million from global centralized exchanges (CEX) over the past 24 hours. This was the largest outflow in the entire market on this day. Solana and XRP also saw outflows of $29.54 million and $13.44 million, respectively.
Conversely, Ethereum recorded a net inflow of $36.22 million during the same period. USD Coin (USDC) also saw a net inflow of $31.96 million. Official Trump (TRUMP), which has recently shown a price increase, also saw an inflow of $9.59 million.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
![[Analysis] "XRP risks repeating the 2022 rout…most short-term investors in the red"](https://media.bloomingbit.io/PROD/news/845f37bb-29b4-4bc5-9e10-8cafe305a92f.webp?w=250)
![[Exclusive] “Airdrops also taxable”... Authorities to adopt a ‘comprehensive approach’ to virtual assets](https://media.bloomingbit.io/PROD/news/4bde9dab-09bd-4214-a61e-f6dbf5aacdfb.webp?w=250)