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[Crypto In and Out] Despite a $25 million inflow, LIT and ASTER are selling… BTC has a $33.96 million inflow advantage
The cryptocurrency market, amid large-scale capital inflows, has seen some altcoins undergo concentrated selling, with the market continuing to show mixed upward and downward movements.
According to Cryptometer statistics at 11:20 a.m. on the 29th, in the past 5 hours, ▲25 million USD flowed in, distributed among major cryptocurrencies such as ▲Bitcoin (BTC, 16.74 million USD) and ▲Ethereum (ETH, 5.81 million USD).
Additionally, ▲3.54 million Korean Won, ▲2.05 million Brazilian Reais, and ▲2.06 million FDUSD funds flowed into the cryptocurrency market.
Regarding ▲Tether (USDT), 27 million USD was dispersed across various cryptocurrencies. Funds transferred to BTC amounted to 14.76 million USD.
The main inflow assets on that day included ▲Bitcoin (BTC) with 33.96 million USD, ▲Ethereum (ETH) with 8.62 million USD, ▲Solana (SOL) with 3.51 million USD, and ▲Dogecoin (DOGE) with 4.92 million USD, with funds distributed among them.
Cryptocurrency Market Capital Outflow / Cryptometer
Looking at the outflow over the past 5 hours, ▲LIT saw an outflow of 1.05 million USD, ▲ASTER an outflow of 958k USD, and ▲Ethereum (ETH) an outflow of 875k USD. Additionally, most cryptocurrencies such as WBTC and PENGU also experienced slight sell-offs.
Of the outflowed funds, 2.99 million USD flowed into stablecoin ▲Tether (USDT), and another 1.48 million USD into ▲Bitcoin (BTC).
In fiat currency, ▲3.89 million USD was exchanged for Korean Won, and ▲2.34 million USD was exchanged for US Dollars.