Add as a preferred source on Google24-hour fund flows: BTC, ETH post outflows as USDC, XRP attract capital
BTC and ETH posted net outflows of $324.02 million and $443.21 million, respectively. USDC led inflows with $78.63 million, followed by SPCXB, SOXLB, USDT and SNDKB.
Bitcoin and Ether recorded substantial net outflows over the past 24 hours, while USDC and USDT posted net inflows. DOGE and ZEC also saw outflows.
Crypto market flows showed capital leaving BTC and ETH, while stablecoins USDC and USDT attracted funds. DOGE and ZEC remained under selling pressure.
As of 11:42 UTC on Oct. 15, BTC registered $2.78 billion in inflows and $3.10 billion in outflows, resulting in a net outflow of $324.02 million. ETH recorded $1.48 billion in inflows and $1.92 billion in outflows, for a net outflow of $443.21 million.
USDT posted $253.39 million in inflows and $239.33 million in outflows, producing a net inflow of $14.07 million. USDC recorded $2.49 billion in inflows and $2.41 billion in outflows, for a net inflow of $78.63 million.
DOGE registered a notable net outflow of $26.23 million. ZEC posted a net outflow of $11.61 million, while XRP recorded a net inflow of $4.10 million.
The five largest net inflows were USDC at $78.63 million, SPCXB at $19.25 million, SOXLB at $14.11 million, USDT at $14.07 million and SNDKB at $11.00 million.
The five largest net outflows were ETH at $443.21 million, BTC at $324.02 million, DOGE at $26.23 million, NEAR at $18.32 million and ZEC at $11.61 million.
This article is based on market data and flow analysis and does not constitute investment advice regarding any asset.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.