Cryptocurrency Market Sees Strong Inflows and Outflows

Recent data from Coinglass paints a picture of significant activity within the cryptocurrency market over the past 24 hours. Notably, centralized exchanges (CEX) saw a mix of inflows and outflows. OM saw a net inflow of $12.57 million, while Binance recorded $11.23 million in inflows, and Ethereum added $10.48 million in positive flows. Conversely, significant outflows were observed with Bitcoin leading the way at $162 million, followed by Solana with $51.52 million and XRP with $39.37 million in net outflows. These figures emphasize the dynamic nature of the market, reflecting shifting investor sentiment and trading patterns.