[Crypto in & out] Bitcoin outflows reach $403.44 million as SOXLB draws $7.23 million

Bitcoin recorded $403.44 million in outflows, the largest token outflow in the data. Bitcoin, SOXLB and Ethereum led token inflows.

SOXLB attracted $7.23 million, placing it second among tokens receiving funds. Bitcoin led inflows with $8.79 million while also recording the largest outflow.

The October 22 snapshot showed funds entering the crypto market from fiat currencies, including EUR at $24.74 million, USD at $15.42 million, KRW at $7.88 million, BRL at $4.64 million and GBP at $3.78 million.

Among stablecoins, $24.61 million moved from USDT into cryptocurrencies and $23.35 million from USDC. A further $6.34 million came from USD1.

Leading token inflows were BTC at $8.79 million, SOXLB at $7.23 million and ETH at $5.17 million. They were followed by SNDKB at $5.07 million, XRP at $2.98 million, ALT at $2.63 million, WBTC at $2.05 million and UNI at $1.85 million.

On the outflow side, BTC recorded the largest movement out of any token at $403.44 million.

Other token outflows included ETH at $44.47 million, AI at $24.63 million, ZEC at $24.20 million, SOL at $12.78 million, BNB at $11.67 million, SUI at $11.38 million and XRP at $11.21 million.

Funds moving into stablecoins included $364.85 million into USDT, $64.16 million into USDC and $13.70 million into FDUSD. USDC also supplied $11.12 million to cryptocurrencies within the outflow data.

Moves into fiat currencies included $133.66 million into USD and $4.50 million into KRW.