BTC Faces Major $414 Million Outflow as NIL, XVS, and ORCA Experience Top Net Inflows

On May 4th, COINOTAG reported crucial insights from Coinglass data revealing significant trends in the **crypto market**. Over the past 24 hours, the leading **net inflows** in **crypto spot trading** were noted, with NIL attracting **$2.59 million**, followed closely by XVS with **$1.37 million** and ORCA at **$1.23 million**. Additionally, ETC recorded a healthy **inflow** of **$1.03 million**, while DMAL rounded out the top five with **$1.01 million**. Conversely, the data highlighted substantial **net outflows**, with BTC facing a striking loss of **$414 million**. Ethereum (ETH) followed with a **net outflow** of **$25.38 million**, while LAYER, XRP, and SUI experienced outflows of **$17.88 million**, **$16.49 million**, and **$15.51 million** respectively. This data underscores the **dynamic shifts in investor sentiment** within the **cryptocurrency ecosystem**, prompting traders to closely monitor market movements. Source: https://en.coinotag.com/breakingnews/btc-faces-major-414-million-outflow-as-nil-xvs-and-orca-experience-top-net-inflows/