Markets· ★★· neutral·

Bitcoin draws $58.4M in five hours as Zcash leads outflows

  • —Bitcoin drew $58.38M in inflows over five hours
  • —Zcash posted the largest outflow at $5.53M
  • —Ethereum took in $4.76M but also saw $3.3M leave
  • —USDT and USDC absorbed $6.79M and $0.34M respectively
Why it matters: Capital rotating out of privacy coins into bitcoin signals shifting preferences among large holders.
Source: TokenPost