Bitcoin (BTC) Leads 24-Hour Crypto Spot Outflows as USDC Tops Inflows, Coinglass Data

COINOTAG News, December 23, citing Coinglass data, reports a notable shift in the crypto spot market over the last 24 hours. Net inflows favored liquidity provision, led by USDC with a $168 million inflow, followed by FDUSD at $7.72 million, and smaller inflows for LTC ($6.09 million), PAXG ($3.33 million), and XAUT ($3.06 million). The concentration of inflows into stablecoins underscores demand for liquidity within the crypto spot market as investors reassess risk and exposure.

Conversely, the net outflows from the crypto spot arena were led by BTC, shedding $3.33 billion, with ETH at $81.56 million, XRP at $60.06 million, ZEC at $16.67 million, and USDE at $14.13 million. This contrast highlights a broad withdrawal from top-market assets while liquidity-focused tokens attract ongoing attention in the current cycle.