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Bitcoin Rebounds With $135.22 Million in Inflows Following Heavy Outflows

Bitcoin rebounded to lead digital asset flows, drawing $135.22 million in inflows against $44.07 million in withdrawals over a five-hour window on November 6. The shift followed a sharp risk-off rotation on November 5, when Bitcoin recorded $274.72 million in net exits amid heavy altcoin liquidations, including $82.23 million in Ethereum outflows. The recent rebound was supported by stablecoins moving into crypto, featuring $226.27 million in USDT and $14.27 million in USDC conversions, alongside $42.83 million in US dollar fiat inflows. Ethereum also rebounded with $87.84 million in inflows.

Category

Bitcoin

Sentiment

Bearish

Event

Analyst flows

Reading time

1 min