BTC Draws $205.65 Million in Net Inflows as XRP and ZEC Post Outflows

Bitcoin recorded $205.65 million in net inflows over the 24 hours ending with the November 10 snapshot, leading all tracked assets, while XRP and ZEC posted the largest net outflows among major tokens, at $45.80 million and $9.56 million respectively, according to on-chain fund flow data.

The headline number understates the underlying turnover. Gross flows into BTC reached $2.15 billion over the period, offset by $1.95 billion in outflows. That gap — roughly $205.65 million — represents about 9.6% of total BTC flow volume moving in the inbound direction. For a market that routinely recycles billions per day, the net figure is the signal; the gross figure is the context.

Where did the rest of the money go?

Stablecoins dominated the mid-tier of the inflow table. USDC ranked second overall with $967.26 million in inflows against $922.28 million in outflows, netting $44.98 million. USDT posted $192.60 million in inflows and $174.83 million in outflows, for net inflows of $17.77 million. USD1, another dollar-pegged instrument, attracted net inflows of $25.37 million.

The five largest net inflows over the 24-hour window were:

• BTC: $205.65 million
• USDC: $44.98 million
• USD1: $25.37 million
• HYPE: $20.66 million
• USDT: $17.77 million

The five largest net outflows were:

• CHIP: $47.63 million
• XRP: $45.80 million
• ZEC: $9.56 million
• USDG: $6.18 million
• QQQB: $4.15 million

What does this change for market practitioners?

The pattern matters less for direction than for composition. Four of the five largest net inflow recipients — BTC, USDC, USD1 and USDT — are either the market's principal reserve asset or dollar-pegged instruments. ETH sat almost perfectly balanced, with $846.45 million in inflows and $846.29 million in outflows, netting a marginal $161,250. When stablecoins absorb net inflows alongside BTC rather than against it, the flow data suggests capital is arriving on-platform or repositioning into liquidity, not exiting the asset class.

The outflow side carries a different read. XRP's $45.80 million net outflow ranked second only to CHIP's $47.63 million, and ZEC's $9.56 million departure, while smaller in absolute terms, was large enough to place it among the five largest withdrawals of the day. For desk operators, single-day net flows of this size function as a positioning indicator rather than a trend: they flag where marginal capital moved in the last 24 hours, not where it will sit next week.

The near-zero ETH net figure deserves attention in its own right. With $1.69 billion in combined gross flows producing a net result of barely $161,000, ETH saw intense two-way traffic and no conviction either way. Practitioners tracking rotation patterns should treat that equilibrium as a holding pattern pending the next directional flow snapshot.

Subsequent 24-hour snapshots will show whether BTC's $205.65 million net inflow marked the start of sustained accumulation or a one-day imbalance in otherwise routine turnover.