© 05-08 , 20:10

Bitcoin, Ethereum See Over $680 Million Net Outflows as Capital Shifts to Stablecoins

TokenPost.ai

Capital rotated into 'stablecoins' and 'wrapped assets' over the past 24 hours, while the two largest cryptocurrencies—Bitcoin (BTC) and Ethereum (ETH)—saw sizeable net outflows, underscoring a defensive shift in positioning amid shifting market liquidity.

According to Cryptometer data as of Thursday 03:35 UTC, Bitcoin (BTC) recorded approximately $1.9 billion in inflows and $2.2 billion in outflows over the prior 24 hours, resulting in a net outflow of $329.6 million. Ethereum (ETH) posted $1.0 billion in inflows versus $1.4 billion in outflows, for a net outflow of $357.4 million—making it the largest net outflow among major assets in the period.

Risk-sensitive altcoins also showed signs of capital leaving the market. Dogecoin (DOGE) logged a net outflow of $15.1 million, while NOT and Toncoin (TON) saw net outflows of $11.7 million and $11.1 million, respectively, suggesting traders reduced exposure outside the large-cap complex as well.

In contrast, stablecoins attracted fresh capital. Tether (USDT) registered $179.7 million in inflows and $133.5 million in outflows, producing a net inflow of $46.1 million. USD Coin (USDC) also posted a net inflow of $43.6 million. The strongest inflow was concentrated in Wrapped Beacon ETH (WBETH), which led all tracked assets with a net inflow of $51.5 million—an outcome often associated with 'yield strategies' or exchange-linked wrapped products as traders seek flexibility without fully increasing spot ETH exposure.

Among other notable movers, XRP (XRP) posted a net inflow of $8.0 million, Solana (SOL) added $6.8 million, and JTO recorded $1.0 million in net inflows. Meanwhile, USD1 saw a net outflow of $4.5 million, B3 posted a net outflow of $4.9 million, and NIL recorded a net outflow of about $498,300.

Ranked by net flows over the last 24 hours, the top five inflows were WBETH ($51.5 million), USDT ($46.1 million), USDC ($43.6 million), XRP (XRP, $8.0 million), and Solana (SOL, $6.8 million). The top five outflows were Ethereum (ETH, -$357.4 million), Bitcoin (BTC, -$329.6 million), Dogecoin (DOGE, -$15.1 million), NOT (-$11.7 million), and Toncoin (TON, -$11.1 million).

The divergence—heavy net outflows in BTC and ETH alongside steady stablecoin and wrapped-asset inflows—signals a market leaning toward 'capital preservation' and tactical positioning. If the pattern persists, it could point to traders keeping dry powder on-chain while limiting directional exposure until clearer catalysts emerge.