[Crypto In & Out] Ethereum outflow of $93.44 million... KRW cash conversion also $16.6 million
Original headline[크립토 인앤아웃] 이더리움 유출 9344만 달러...원화 현금화도 1660만 달러
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Ethereum recorded $93.44 million in outflows over a five-hour window, far exceeding Bitcoin's $44.62 million, according to CryptoMeter data as of 4:15 p.m. on the 9th. Fiat and cash-like inflows totaled roughly $22.95 million in USD, $1.8 million in Brazilian real, $1.49 million in euros and $880,000 in Japanese yen, while Korean won cash-outs reached $16.6 million. Stablecoin flows saw $11.07 million in USDT and $7.99 million in USDC spread across various crypto assets. The largest inflows went to Bitcoin at $20.18 million and Ethereum at $7.23 million, followed by SOXLB at $2.22 million, WBETH at $2.03 million, XAUT at $1.29 million, Sui at $1.15 million and SPCXB at $1.09 million. The data points to rotation out of Ethereum and into Bitcoin and select altcoins, with traders likely watching whether ETH outflows persist and whether won-denominated selling continues.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Ethereum (ETH), Bitcoin (BTC), CryptoMeter, USDT, USDC
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