Markets· ★★★· bearish·

BTC and ETH see net outflows over 24 hours as HYPE and USDC attract inflows

  • —BTC net outflow reached $567 million on $4.11 billion in and $4.67 billion out
  • —ETH lost $211 million; BNB shed $63.33 million and SOL $25.56 million
  • —USDC attracted $106 million, HYPE $34.37 million and USDT $19.7 million
  • —USDE rounded out the top five outflows at $17.49 million
Why it matters: Outflows from BTC and ETH alongside inflows into stablecoins and HYPE point to risk aversion and rotation into safer assets.
Source: TokenPost