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[Crypto in & out] ZEC draws $22.92 million as ETH leads token outflows

ZEC attracted $22.92 million, ranking second behind BTC in token inflows. ETH led token outflows at $26.06 million, against $9.41 million in inflows.

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Cryptocurrency, stablecoin and fiat inflows and outflows · Data: Cryptometer · TokenPost
Cryptocurrency, stablecoin and fiat inflows and outflows · Data: Cryptometer · TokenPost

ZEC ranked second behind BTC in token inflows, attracting $22.92 million. ETH led token outflows at $26.06 million, against inflows of $9.41 million.

BTC drew $64.93 million in inflows, while ZEC followed with $22.92 million. ETH's outflows exceeded its inflows.

The November 4 snapshot at 13:40 UTC showed fiat funds entering the cryptocurrency market through USD at $11.92 million, EUR at $8.37 million, JPY at $1.69 million and TRY at $1.46 million.

Stablecoin funds moving into cryptocurrencies included $95.15 million in USDT, $21.28 million in USDC and $3.70 million in FDUSD.

The leading token inflows were BTC at $64.93 million, ZEC at $22.92 million and ETH at $9.41 million. SOL followed at $8.78 million, NEAR at $7.29 million, XMR at $4.01 million, SNDKB at $2.60 million and HYPE at $2.56 million.

[Crypto in & out] ZEC draws $22.92 million as ETH leads token outflows

On the outflow side, ETH recorded the largest token outflow at $26.06 million.

Other token outflows included BTC at $16.75 million, XRP at $15.97 million, BNB at $6.70 million, TRX at $5.18 million, HYPE at $5.03 million, LINK at $2.96 million and USDG at $2.68 million.

Funds also moved into stablecoins, with USDT receiving $39.00 million and USDC receiving $22.38 million. BFUSD, meanwhile, recorded $1.72 million moving out into cryptocurrencies.

Flows into fiat currencies included $13.79 million in USD, $9.38 million in EUR and $2.35 million in TRY.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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