Bitcoin leads token turnover as ETH and XRP rank among top inflows

Bitcoin recorded the heaviest two-way token flow, ranking first among tokens for both inflows and outflows over the latest five-hour window.

According to Cryptometer data scraped on Oct. 13, fiat and cash-like flows into crypto included $31.93 million in USD, $4.45 million in KRW and $2.97 million in EUR.

Among stablecoins, $163.06 million in USDT, $15.66 million in FDUSD and $11.39 million in USDC was distributed into other crypto assets.

Major token inflows were led by Bitcoin (BTC) at $111.97 million, Ethereum (ETH) at $66.17 million and XRP at $12.49 million. They were followed by Solana (SOL) at $7.24 million, SOXLB at $6.23 million, SPCXB at $5.35 million, SNDKB at $5.26 million and ZEC at $4.52 million.

On the outflow side, Bitcoin (BTC) saw the largest token withdrawal over the past five hours, at $31.16 million.

Other tokens posting outflows included Ethereum (ETH) at $14.08 million, NEAR at $9.45 million, Dogecoin (DOGE) at $7.78 million, Worldcoin (WLD) at $5.89 million, BNB at $5.27 million, Solana (SOL) at $4.79 million and SUI at $4.32 million.

Part of the outgoing funds moved into stablecoins, with $36.29 million going into USDT and $34.58 million into USDC. BFUSD worth $1.85 million was distributed into other crypto assets.

Cash-out flows were also observed in fiat currencies, including $17.97 million in USD and $6.90 million in KRW.