Bitcoin, Ethereum See Over $680 Million Net Outflows as Capital Shifts to Stablecoins

Capital rotated into ‘stablecoins’ and ‘wrapped assets’ over the past 24 hours, while the two largest cryptocurrencies—Bitcoin (BTC) and Ethereum (ETH)—saw sizeable net outflows, underscoring a defensive shift in positioning amid shifting market liquidity.

According to Cryptometer data as of Thursday 03:35 UTC, Bitcoin (BTC) recorded approximately $1.9 billion in inflows and $2.2 billion in outflows over the prior 24 hours, resulting in a net outflow of $329.6 million. Ethereum (ETH) posted $1.0 billion in inflows versus $1.4 billion in outflows, for a net outflow of $357.4 million—making it…  Read more

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