Large stablecoin flows rotated toward Bitcoin (BTC) and Ethereum (ETH) in the past several hours, underscoring how quickly liquidity is shifting across major crypto assets even as some traders moved to cash out into fiat.
According to Cryptometer data as of 02:20 a.m. ET on April 30, net fiat inflows into the digital asset market over the previous five hours totaled $23.92 million in U.S. dollars, $2.41 million in South Korean won (KRW), and $2.27 million in Brazilian real (BRL). In parallel, stablecoin funds dispersed broadly across tokens, with $41.13 million leaving Tether (USDT) and… Read more
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