USDT Leads with $152 Million Net Inflows as BTC Faces $194 Million Outflows in the Latest Crypto Market Trends
The post USDT Leads with $152 Million Net Inflows as BTC Faces $194 Million Outflows in the Latest Crypto Market Trends appeared on BitcoinEthereumNews.com. According to data from Coinglass, as of May 17th, the cryptocurrency spot market has witnessed significant fund flows, indicating shifting investor sentiment. The most notable **net inflows** include **$152 million** in **USDT**, along with **$13.67 million** in **USDE** and **$10.65 million** in **FORM**. Additional inflows were recorded with **$8.38 million** in **EUR** and **$3.67 million** in **UNI**, reflecting a diverse interest in stablecoins and emerging tokens. Conversely, the **net outflows** reveal a concerning trend for several established cryptocurrencies. A staggering **$194 million** was withdrawn from **BTC**, while **USDC** saw a net outflow of **$113 million**. Other significant withdrawals included **$57.5 million** in **XRP**, **$52.68 million** in **SOL**, and a reduction of **$21.81 million** in **DOGE**. These figures suggest a potential recalibration of positions among both retail and institutional investors in the ever-evolving crypto landscape. Source: https://en.coinotag.com/breakingnews/usdt-leads-with-152-million-net-inflows-as-btc-faces-194-million-outflows-in-the-latest-crypto-market-trends/
The post USDT Leads with $152 Million Net Inflows as BTC Faces $194 Million Outflows in the Latest Crypto Market Trends appeared on BitcoinEthereumNews.com.
According to data from Coinglass, as of May 17th, the cryptocurrency spot market has witnessed significant fund flows, indicating shifting investor sentiment. The most notable **net inflows** include **$152 million** in **USDT**, along with **$13.67 million** in **USDE** and **$10.65 million** in **FORM**. Additional inflows were recorded with **$8.38 million** in **EUR** and **$3.67 million** in **UNI**, reflecting a diverse interest in stablecoins and emerging tokens. Conversely, the **net outflows** reveal a concerning trend for several established cryptocurrencies. A staggering **$194 million** was withdrawn from **BTC**, while **USDC** saw a net outflow of **$113 million**. Other significant withdrawals included **$57.5 million** in **XRP**, **$52.68 million** in **SOL**, and a reduction of **$21.81 million** in **DOGE**. These figures suggest a potential recalibration of positions among both retail and institutional investors in the ever-evolving crypto landscape. Source: https://en.coinotag.com/breakingnews/usdt-leads-with-152-million-net-inflows-as-btc-faces-194-million-outflows-in-the-latest-crypto-market-trends/
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