BTC Sees Dominant $51.94 Million Net Inflow in Latest Crypto Spot Trading Trends

According to recent data from Coinglass, April 20th saw significant developments in the cryptocurrency market regarding net fund inflows and outflows. The largest net inflow was recorded for Bitcoin (BTC), amounting to $51.94 million, highlighting its persistent dominance in crypto trading. Ethereum (ETH) followed suit with a net inflow of $25.13 million, showcasing continued confidence among investors. Other notable inflows included TRUMP with $7.00 million and RENDER at $2.38 million, indicating growing interest in diverse crypto assets. Conversely, net outflows were observed, particularly with Dogecoin (DOGE), experiencing a decline of $6.78 million. Other cryptocurrencies facing significant outflows included PEPE, Cardano (ADA), and Solana (SOL), reflecting potential shifts in investor sentiment. These statistics emphasize the ongoing volatility and shifting dynamics in the cryptocurrency market.