BTC posts $80.18 million outflow as USDC leads November 9 inflows

Bitcoin (BTC) recorded $80.18 million in net outflows over 24 hours, while XRP registered $67.86 million in net outflows, according to a November 9 fund-flow snapshot covering 15 assets. USDC led net inflows at $38.60 million, ahead of ZIG at $13.05 million.

Ethereum (ETH) recorded the largest net outflow in the ranking at $196.28 million. Tether (USDT) posted a $7.30 million net inflow, while the snapshot also showed net outflows for ZEC and USD1.

What do the gross flows show?

Bitcoin registered $2.48 billion in inflows and $2.56 billion in outflows. The snapshot reported an $80.18 million net outflow for the period.

Ethereum saw $1.28 billion in inflows and $1.47 billion in outflows, producing a $196.28 million net outflow. Its net outflow exceeded those of BTC and XRP, the next two assets in the ranking.

Tether registered $128.92 million in inflows and $121.62 million in outflows, leaving $7.30 million in net inflows. USDC recorded $744.70 million in inflows and $706.09 million in outflows, leaving $38.60 million in net inflows.

XRP ranked third for net outflow among the 15 assets listed. Its $67.86 million outflow trailed ETH and BTC, while Zcash (ZEC) posted a $53.23 million net outflow and USD1 a $2.05 million net outflow.

Which assets led the rankings?

The five largest net inflows were:

• USDC: $38.60 million
• ZIG: $13.05 million
• USDT: $7.30 million
• XUSD: $5.87 million
• EUR: $4.63 million

The five largest net outflows were:

• ETH: $196.28 million
• BTC: $80.18 million
• XRP: $67.86 million
• ZEC: $53.23 million
• DOGE: $12.73 million

What does the snapshot establish?

The split was not uniform across the measured assets. USDC, ZIG, USDT, XUSD and EUR posted positive net flows, while BTC, ETH, XRP, ZEC, USD1 and DOGE recorded negative net flows.

The figures rank net fund movement rather than gross flows. For BTC, measured inflows and outflows both exceeded $2 billion, while the reported net outflow was $80.18 million.

For USDC, $744.70 million entered and $706.09 million left, corresponding with the period’s largest net inflow. ZIG placed second at $13.05 million, and USDT placed third at $7.30 million.

The snapshot supports conclusions about direction and size, not the identity or motivation of participants. It names no exchange, investor category or transaction counterparty, and it does not establish that an asset sale, purchase or transfer through a particular venue caused the reported flows.

Operationally, the gross figures show how much movement sat behind each net result. BTC’s $2.48 billion in inflows and $2.56 billion in outflows accompanied a reported $80.18 million net outflow, while USDC’s $744.70 million and $706.09 million accompanied a $38.60 million net inflow.

Still, net flow alone does not reveal whether assets moved into exchanges, custody, lending or settlement. The snapshot identifies none of those destinations or any causal market event, so assigning a trading strategy to the movements would go beyond the data.

What comes next?

The next comparable 24-hour snapshot is the first checkpoint for whether USDC’s $38.60 million inflow lead and ETH’s $196.28 million net outflow persist, contract or reverse. Until then, the November 9 figures describe one measured window, not a sustained trend.