BTC Leads CEX Cryptocurrency Spot With $360 Million Net Inflow in 24 Hours

COINOTAG reports on April 23rd that recent data from Coinglass reveals significant movements in the cryptocurrency market. In a 24-hour period, the leading centralized exchange (CEX) recorded notable net inflows, with Bitcoin (BTC) seeing an influx of $360 million, while tether (USDT) followed closely with $269 million. Additionally, Ethereum (ETH) experienced a substantial net inflow of $151 million, indicating strong market interest.

Conversely, the outflows tell a different story. USD Coin (USDC) reported the largest outflow with $361 million, suggesting a possible shift in investor sentiment. Furthermore, XRP and the euro (EUR) also saw notable net outflows, with $41.53 million and $19.90 million, respectively. These trends highlight the ongoing volatility and shifting dynamics within the crypto landscape, underscoring the importance of strategic investment assessments.