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LTC Leads Cryptocurrency Spot Exchange Inflows with $4.74 Million Amid Massive BTC Outflows

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Litecoin
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LTC Leads Cryptocurrency Spot Exchange Inflows with $4.74 Million Amid Massive BTC Outflows

According to the latest data from Coinglass, cryptocurrency spot exchanges have witnessed significant capital movements over the past 24 hours. Notably, LTC recorded a substantial net inflow of $4.74 million, followed by FUN with $2.89 million and NEIRO at $1.96 million. Other notable inflows include SNT and ALGO, attracting $1.72 million and $1.03 million respectively. These inflows suggest increased investor interest and potential accumulation phases for these altcoins.

Conversely, the market experienced pronounced net outflows, predominantly from major assets. BTC led with an outflow of $6.14 billion, signaling significant profit-taking or portfolio rebalancing. Additionally, ETH saw a withdrawal of $79.23 million, while SOL, XRP, and PEPE recorded outflows of $33.27 million, $30.55 million, and $20.82 million respectively. These trends highlight cautious sentiment among investors in top-tier cryptocurrencies amid current market dynamics.

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