NEAR draws $7.43 million as Bitcoin sees $4.90 million outflow

NEAR absorbed $7.43 million, exceeding the scale of Bitcoin outflows.

As of 2:30 p.m. KST on Oct. 10, Cryptometer data showed fiat and cash-like flows into the crypto market over the past five hours, including $7.52 million in U.S. dollars, $2.99 million in Brazilian real and $2.46 million in Korean won.

Among stablecoins, $24.17 million worth of USDT was distributed across multiple crypto assets. USDC saw $1.16 million in inflows.

The leading inflow assets were NEAR with $7.43 million, SUI with $3.21 million and AAVE with $3.06 million. They were followed by Zcash with $2.59 million, Worldcoin with $2.46 million and BNB with $2.31 million.

On the outflow side, Bitcoin recorded the largest withdrawal over the past five hours at $4.90 million.

Other assets also saw outflows, including TRX with $1.96 million, US with $1.40 million, HYPE with $1.14 million and MAGIC with $1.03 million.

Part of the outflow moved into stablecoins, with $8.55 million gathering in USDT and $4.75 million in USDC.

Cash-out flows were also seen in fiat currencies, including $5.33 million in Korean won, $1.56 million in U.S. dollars and $480,000 in Turkish lira.