Markets· ★★· bullish·

$10.2M flows into crypto in 5 hours, BTC attracts $101.8M

  • Inflows to BTC totaled $101.82M, to ETH $22.96M and to BNB $5.27M
  • $8.59M was withdrawn from ETH, $7.1M from BTC and $5.12M from SOL
  • $102.31M in USDT was distributed across crypto assets
  • $7.11M went into the stablecoins USDC ($6.66M) and USD1 ($0.45M)
Why it matters: The large inflow into BTC alongside outflows from ETH and SOL points to capital rotation in favor of bitcoin.
Source: TokenPost