Markets· ★★· bearish·

BTC sees $25.86M outflow in 5 hours as XRP and Solana also bleed

  • —Bitcoin recorded the largest outflow at $25.86 million over five hours
  • —XRP lost $12.25 million, Solana $7.46 million, Dogecoin $3.28 million and Worldcoin $3.25 million
  • —Stablecoins absorbed $35.04 million in USDT and $6.41 million in USDC
  • —Fiat outflows totaled $16.48 million in USD, $3.35 million in KRW and $1.98 million in TRY
Why it matters: Heavy outflows from BTC and altcoins into stablecoins and fiat signal profit-taking and caution among traders.
Source: TokenPost