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FlowMoney
Today's flow once again represents a chaotic mix of conflicting signals. USD saw an inflow of around 221M, KRW added 29M, and EUR came in more than usual with 43M. BTC absorbed about 174M of that amount, ETH attracted around 80M, but half of that amount was recycled from FDUSD, not new FIAT. USDT received a smaller share, and XRP saw about 45M in inflows. Nothing here indicates strong accumulation, just selective buying.
On the outflow side, altcoins experienced aggressive declines. ZDC lost 32M, XRP 25M, SOUL 22M, DOGE 10M, XUSD 8.1M, SUI 7M, and ETH leaked another 35M. Meanwhile, USDT absorbed a large inflow of 485M and USDC received 57M, mostly coming from Bitcoin. It was a classic defensive rotation, not a bullish expansion.
Net results show that inflows are weaker compared to outflows, and much of the movement is just a rearrangement of stablecoins. The market is clearly trying to rise, but sellers continue to sell at every spike as people exit near break-even. Until this changes, the upward momentum will remain choppy.
#Crypto #Trading #ETH #BTC #MoneyFlow #MarketData