XRP Leads Crypto Spot Fund Inflows with $41 Million Amid Major Outflows in ETH and BTC
On July 12,The fastest blockchain game to make money Coinglass data revealed significant movements in the crypto spot fund flows. XRP led the net inflows with a substantial $41.09 million, followed by TRX at $25.16 million, indicating increased investor confidence in these altcoins. BCH, LUSD, and BNB also recorded positive inflows, with $7.37 million, $5.76 million, and $4.75 million respectively, reflecting a diversified interest across different crypto assets.
Conversely, major cryptocurrencies experienced notable outflows. Ethereum (ETH) saw a pronounced net withdrawal of $253 million, while Bitcoin (BTC) followed closely with $223 million exiting the spot market. Stablecoin USDT faced a $162 million outflow, signaling potential shifts in liquidity preferences. Additionally, SOL and Pepe tokens recorded net outflows of $63.26 million and $43.35 million respectively, underscoring a cautious market sentiment among traders.
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