BTC Leads Cryptocurrency Spot Market with $38.92 Million Net Inflow Amidst ETH Outflows

According to recent data from Coinglass, the cryptocurrency market has witnessed significant capital movements within the last 24 hours. Bitcoin (BTC) led the net inflows with an impressive $38.92 million, signaling renewed investor confidence in the flagship digital asset. Stablecoins also attracted substantial inflows, with Tether (USDT) and USD Coin (USDC) recording $34.26 million and $2.96 million respectively, underscoring their continued role as liquidity anchors in volatile markets. Additionally, altcoins such as TAO and Stellar Lumens (XLM) saw net inflows of $3.39 million and $2.50 million, reflecting selective investor interest.

Conversely, Ethereum (ETH) experienced the largest net outflow at $39.72 million, indicating a possible short-term reallocation of capital. Other notable outflows included meme coins like PEPE and DOGE, with $15.93 million and $11.73 million respectively, alongside TRON (TRX) and AO, which saw withdrawals of $9.46 million and $8.56 million. These shifts highlight the dynamic nature of crypto asset flows amid evolving market conditions.