In a five-hour Cryptometer reading ending at 8 a.m. ET (12:00 UTC) on Oct. 20, $5.10 million moved from the Korean won into cryptocurrencies, more than from any other fiat currency tracked.
The euro followed at $4.56 million, with the Brazilian real at $1.59 million and the Japanese yen at $1.37 million. The reading also recorded conversions of $44.51 million into U.S. dollars and $10.72 million into won.
Among crypto assets, Bitcoin (BTC) had the largest inflow, $56.04 million, and the largest outflow, $29.14 million. Ether (ETH) was second for inflows at $19.12 million, followed by Zcash (ZEC) at $7.80 million. XRP had $15.61 million in outflows, narrowly ahead of Ether’s $15.60 million.
Cryptometer recorded $90.38 million moving from Tether (USDT) into other cryptocurrencies. Flows into stablecoins included $29.41 million for USDT and $16.47 million for USD Coin (USDC).
An Oct. 18 Cryptometer snapshot also ranked Bitcoin first for inflows, at $100.42 million. Ether led outflows in that earlier reading at $8.92 million.
