Ethereum Shines with $133M Influx While Bitcoin Bleeds $404M—Crypto’s Plot Twist
Ethereum steals the spotlight as capital floods in—$133 million worth—while Bitcoin trips over its own hype with a staggering $404 million exodus. The crypto underdog flexes while the king stumbles. Who saw that coming?
### The ETH Surge: Smart Money Bets on Flips
Institutional inflows pivot to Ethereum like hedge funds chasing the next shiny thing. Meanwhile, Bitcoin’s outflows scream ‘profit-taking panic’—or maybe just Wall Street remembering it hates volatility.
### BTC’s Bad Week: Correction or Capitulation?
Four hundred million dollars walked out the door. Was it whales cashing out or traders finally reading the ‘past performance ≠ future results’ disclaimer?
### The Punchline
While Bitcoin ETFs bled, Ethereum’s defi ecosystem quietly onboarded more devs than a Silicon Valley happy hour. But hey—traditional finance still thinks ‘stablecoin’ means a coin that doesn’t roll off the table.
Ethereum secures another week of victory over Bitcoin
Bitcoin saw significant outflows, with $404 million leaving the market, resulting from negative sentiment that overshadowed any positive activity in other digital assets.
However, Bitcoin’s year-to-date inflows remain robust at around $20 billion. This reflects the top crypto’s continued appeal despite the volatility caused by shifting monetary policies.
Meanwhile, ethereum led the inflow chart last week with $133 million, despite experiencing notable losses at the end of the week. This brought Ethereum’s year-to-date inflows to approximately $8 billion.
ETH’s performance illustrates the strong positive sentiment towards the digital asset, with some Butterfill recently suggesting the onset of an “altseason.”
This is evident in the performance of other altcoins, which also recorded significant flows during the week.
According to the CoinShares report, XRP, Solana, and SEI saw inflows of $31.2 million, $8.8 million, and $5.8 million, respectively. However, Litecoin and Sui experienced smaller outflows of $0.2 million and $0.8 million, respectively.
These numbers suggest investors are shifting capital away from Bitcoin to more promising assets, particularly Ethereum and other altcoins.