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Capital Flowing Back Into Crypto at $4.5B Per Month, Largely into Bitcoin and Ethereum

The recent surge in inflows follows an extended period of persistent outflows since the Terra blowout of last May.

The global cryptocurrency market has started witnessing massive inflows at $4.5 billion a month amid the renewal of investors’ confidence. This recent surge in inflows comes after persistent outflows from digital assets since April 2022, per data from Glassnode, a blockchain analytics platform.

Glassnode disclosed this bullish trend reversal in a recent analysis, citing data from the Realized Values of Bitcoin (BTC), Ethereum (ETH), and stablecoins. By combining the Realized Caps for Bitcoin and Ethereum with the supplies of stablecoins, the total estimated value of realized assets across major cryptocurrencies amounts to a whopping $682 billion.

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