[Coin Scan] Funds flowing into Tether… Domestic coin market, analysis of stocks with net purchases and fluctuation rates

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As of 3 PM on the 4th, the domestic cryptocurrency market showed a mixed trend with funds concentrated on some coins and simultaneous emergence of coins with significant rises and falls. Overall, the market displayed a blend of stable flow and active buying sentiment.

USDT topped the net buying list on both Upbit and Bithumb exchanges, indicating high demand for cash-like assets. Particularly, it recorded the highest fund inflow on Upbit and ranked in the top tier on Bithumb, showing similar supply and demand trends across the two major exchanges. XRP also demonstrated strong net buying on both Upbit and Bithumb, and BTT was included in the top net buying ranks on Bithumb, suggesting some demand for small-cap coins.

Significant price increases were mainly observed on Coinone and Korbit, with no notable rising coins on Upbit or Bithumb. APP notably surged on Coinone, followed by NFP, KAI, and ZTX maintaining an upward trend. However, there were significant variations between exchanges and many coins had low trading volumes.

Conversely, sharp declines were concentrated on Coinone, with no meaningful downward movements on Upbit and Bithumb. On Coinone, KNC, SUSHI, DAO, CYBER, and VIC experienced significant drops. These coins either had no trading or experienced sharp value declines, requiring investor caution.

Trading volume top coins were mostly from Upbit, including STRAX, PUNDIX, AERGO, XRP, and ARDR. STRAX recorded the highest trading volume, while XRP continued active trading with increased volatility.

According to Bonanza Lab data, this trend reflects short-term demand concentration on specific coins and liquidity constraints. As investment sentiment moves to a defensive nature, strategies should be adjusted focusing on stablecoin-centered buying and major coins with actual trading volume.

The current market shows fund concentration on specific coins, simultaneously considering stability and liquidity. Careful response based on supply and demand is required, rather than excessive chasing.

CryptocurrencyPriceRate of ChangeExchange
APP9.445.11%coinone
NFP48.920.14%coinone
KAI1.4815.62%coinone
BAL1234.015.56%korbit
ZTX3.912.39%coinone
CryptocurrencyPriceRate of ChangeExchange
KNC555.0-100%coinone
SUSHI945.0-100%coinone
DAO229.0-100%coinone
CYBER1870.0-100%coinone
VIC323.0-100%coinone

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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