Crypto In & Out: Ether leads outflows at $218.83 million as Zcash tops inflows

Ether and Bitcoin led cryptocurrency outflows, while Zcash ranked first for inflows with $15.05 million.

Outflows were concentrated in Ether and Bitcoin, while Zcash attracted the largest inflow.

As of 12:20 p.m. UTC on Oct. 15, $7.49 million in U.S. dollars, $6.53 million in euros and $4.97 million in Turkish lira entered the cryptocurrency market over the preceding five hours.

About $49.8 million in USDT, $27.81 million in USDC and $2.77 million in USD1 was distributed across cryptocurrencies.

Leading inflows included $15.05 million for Zcash (ZEC), $10.91 million for SNDKB and $10.56 million for SPCXB. SOXLB followed with $8.76 million, Sui (SUI) with $7.82 million and MUB with $6.11 million.

On the outflow side, Ether (ETH) recorded the largest withdrawal at $218.83 million over the five-hour period.

Other notable outflows included $100.04 million from Bitcoin (BTC), $12.21 million from Solana (SOL), $9.01 million from NEAR, $6.86 million from Dogecoin (DOGE), $5.65 million from PUMP, $4.97 million from MET and $4.8 million from Zcash (ZEC).

Some of the outgoing capital moved into stablecoins, including $238.38 million in USDT, $40.2 million in USDC and $6.76 million in BFUSD.

Cash conversions were also recorded in fiat currencies, including $104.25 million in U.S. dollars and $6.36 million in euros.

This article is based on market data and chart analysis and does not constitute an investment recommendation for any asset.