Gold trading workshop in Dubai

Register

Bitcoin Leads Crypto Fund Outflows With $694.28 Million 24-Hour Net Deficit

Bitcoin and Ethereum faced heavy selling pressure on October 30, with Bitcoin leading 24-hour market outflows by shedding a net $694.28 million. Cryptometer data showed Bitcoin generated $4.23 billion in inflows against $4.92 billion in outflows, alongside earlier snapshot data recording $295.85 million in token outflows. Ethereum followed with a 24-hour net outflow of $209.09 million, while BNB and Solana saw net exits of $38.09 million and $27.22 million, respectively. Capital rotated into stablecoins and select tokens, led by USDC capturing $62.17 million in net inflows.

Category

Bitcoin

Sentiment

Bearish

Event

Analyst flows

Reading time

1 min