USDT Tops $12.43M Net Inflow as BTC Sees $227M Outflow in 24h Spot Market
According to Coinglass data, the crypto spot market saw a major shift over the last 24 hours. USDT led net inflows with $12.43 million, followed by SNT ($5.79 M), ATH ($4.38 M), ARB ($4.00 M) and APT ($3.77 M). This net inflow into stablecoins and emerging altcoins suggests traders are repositioning funds. Conversely, leading assets experienced significant net outflow: BTC lost $227 million, ETH saw $151 million withdrawn, USDC dropped by $92.72 M, SOL by $73.93 M and DOGE by $26.78 M. The spot market rotation from Bitcoin toward stablecoins and smaller tokens highlights a cautious sentiment among investors as they seek lower-risk and potentially higher-yield opportunities in altcoins.
Bearish
The large $227M outflow from BTC indicates traders reducing exposure to Bitcoin, a pattern historically linked with price declines. Simultaneous inflows into USDT and select altcoins point to a shift toward lower-risk assets and opportunistic altcoin positions. This rotation mirrors past events where stablecoin inflow preceded market consolidation and short-term bearish pressure on BTC. In the long term, renewed capital into altcoins may support selective tokens, but the immediate impact on Bitcoin and overall market sentiment remains bearish.