Markets· ★★· neutral·

Ethereum sees $26.6M outflow as Zcash absorbs $12.9M in 5 hours

  • —Ethereum saw a $26.6 million outflow over five hours
  • —Zcash topped inflows with $12.9 million
  • —Bitcoin drew $5.46 million, Avalanche $2.93 million
  • —Fiat inflows: $3.97 million USD and $2.2 million USDT
Why it matters: The data points to capital rotating out of ETH into ZEC and BTC amid rising interest in privacy coins.
Source: TokenPost