Bitcoin and Ethereum recorded significant capital outflows over the past five hours, while stablecoins and fiat currencies saw inflows, signaling a short-term wait-and-see sentiment among crypto investors.
$41 million exits Bitcoin
According to Cryptometer data as of 2:30 PM on the 15th, Bitcoin (BTC) saw the largest outflow of $41.05 million in the last five hours. Ethereum (ETH) followed with $19.36 million exiting, while other coins such as Zcash (ZEC) lost $6.59 million, EWYB $2.49 million, BNB $1.74 million, Hyperliquid (HYPE) $1.43 million, and Dogecoin (DOGE) $1.29 million.
Stablecoins and fiat draw capital
A portion of the outflow capital moved into stablecoins, with USDT receiving $64.65 million, USDC $4.57 million, and USD1 $2.42 million. Fiat currencies also saw inflows, including the US dollar ($4.57 million), Turkish lira ($1.24 million), and South Korean won ($0.78 million).
Inflows show selective buying
Despite the broad outflows, some capital entered the market via fiat and stablecoins. Fiat inflows totaled $13.54 million in USD, $0.42 million in EUR, and $0.38 million in KRW. Stablecoin USDT added $10.5 million distributed across various cryptocurrencies. The top recipients by inflow were Ethereum ($6.88 million), Bitcoin ($5.49 million), Solana ($2.17 million), XRP ($1.88 million), TRON ($1.65 million), and LAB ($1.4 million).