Bitcoin Leads Cryptocurrency Market with $168 Million Net Inflow Amid Fluctuating Spot Flows
On March 9th, data from Coinglass revealed significant movements in cryptocurrency liquidity, with Bitcoin leading the net inflow category at an impressive $168 million. Following Bitcoin, Ethereum showed a solid net inflow of $12.82 million, indicating ongoing investor confidence in major altcoins.
On March 9th, data from Coinglass revealed significant movements in cryptocurrency liquidity, with Bitcoin leading the net inflow category at an impressive $168 million. Following Bitcoin, Ethereum showed a solid net inflow of $12.82 million, indicating ongoing investor confidence in major altcoins. Furthermore, AAVE also attracted attention, recording a net inflow of $5.1 million, reflecting a sustained interest in decentralized finance platforms.
Conversely, the outflow trends indicate a slight shift, with XRP experiencing the most significant net outflow at $28.13 million. This was closely followed by DOGE, which faced a net outflow of $20.57 million, and Cardano (ADA) with $18.6 million leaving the market. These figures underscore the dynamic nature of the cryptocurrency market, highlighting the ongoing shifts in investor sentiment and behavior.
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