Bitcoin Leads in Net Outflows with $660 Million, Followed by Ethereum at $314 Million

According to recent data from Coinglass, the cryptocurrency market experienced substantial net outflows over the past 24 hours, highlighting investor sentiment and market dynamics. Bitcoin led the trend with a significant outflow amounting to $660 million, underscoring its position as the most affected asset in this turbulent phase. Following closely, Ethereum recorded a net outflow of $314 million, reinforcing its correlation with Bitcoin’s volatility. Other notable cryptocurrencies also faced considerable outflows, including SOL at $137 million, ADA with $114 million, and XRP at $110 million. Moreover, TRUMP token experienced a net outflow of $70.73 million. Such movements indicate fluctuating investor confidence and could potentially influence future trading patterns across the cryptocurrency landscape.