Ethereum sees $80.8M outflow in 5 hours, $115.4M converted to fiat
- —Ethereum outflows over 5 hours totaled $80.82 million
- —Bitcoin saw $63.36 million withdrawn, XRP $20.6 million
- —$129.5 million moved into USDT, $10.5 million into USDC
- —$115.4 million converted to USD and $6.57 million to Korean won
Why it matters: Massive withdrawals from ETH and BTC with conversion to stablecoins and fiat could signal growing caution among large holders.
Source: TokenPost