Bitcoin and Ethereum See Major Outflows as ZEC Shows Inflow Surge

Crypto market fund flows showed major outflows from Bitcoin and Ethereum, with Zcash (ZEC) recording net inflows. As of 12 PM on the 16th, CryptoMeter reported that Bitcoin had $274 million in inflows and $313 million in outflows, resulting in a net outflow of approximately $39 million. Ethereum recorded $1.7 billion in inflows versus $2.03 billion in outflows, leading to a net outflow of about $336 million.

USDT saw $287 million in inflows and $33 million in outflows, resulting in a net outflow of roughly $1.6 million. USDC recorded $182 million in inflows against $194 million in outflows, showing a net outflow of approximately $113 million. XRP experienced the largest outflow among major coins at around $69 million. ZEC showed positive momentum with about $9.15 million in net inflows.

The top five inflows were led by ZEC at $9.15 million, followed by EUR at $8.63 million, USDE at $8.57 million, U at $7.93 million, and WBTC at $7.05 million. The top five outflows were dominated by BTC at $39 million, ETH at $33.6 million, USDC at $11.3 million, XRP at $6.9 million, and USDT at $1.6 million.