[Crypto Capital Inflows and Outflows] BTC inflow of $129 million... USDC transfers $172 million to USDT

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As of 1:35 PM on the 10th, according to CryptoQuant statistics, the funds flowing into the cryptocurrency market today include: ▲USD (U.S. dollar) base funds of $55 million, ▲EUR (Euro) $15 million, ▲BRL (Brazilian Real) $14 million, ▲KRW (South Korean Won) $11 million, and ▲TRY (Turkish Lira) $9 million.

Among the USD base funds, $39 million flowed into Bitcoin (BTC), and $11.6 million into Solana (SOL) and others. Of the €15 million in euro funds, €13 million went to BTC; of the BRL $14 million, $11 million went to Tether (USDT). Of the KRW $11 million, $7.6 million flowed into BTC.

In terms of Tether (USDT), $188 million moved across multiple cryptocurrencies. Additionally, USD Coin (USDC) saw $15 million in movement, indicating increased liquidity of stablecoins within the market.

By asset category, Bitcoin (BTC) experienced the largest inflow, totaling $129 million. Followed by Ethereum (ETH) with $78 million, Solana (SOL) with $19 million, XRP with $13 million, HYPE with $12 million, FDUSD with $11 million, XUSD with $6 million, and others.

Crypto Market Capital Outflows / CryptoQuant

Looking at the outflows, USD1 and the gold-backed token PAX Gold (PAXG) each recorded $10 million outflows, while BSB and ETH each saw outflows of $9 million.

Subsequently, there was outflow of $6 million from Dogecoin (DOGE), $5 million from Sui (SUI), and smaller outflows from TRON (TRX), BFUSD, ZRO, Worldcoin (WLD), KITE, and others.

Regarding USD Coin (USDC), a total of $172 million was outflowed, mostly transferred to USDT.

Tether (USDT), as the largest recipient of funds, absorbed $219 million. Following that, funds were absorbed by USD ($21 million), KRW ($18 million), and TRY ($3 million), becoming the main channels for cashing out.

BTC2.35%
USDC-0.02%
SOL1.42%
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