IRYS、AXIS、BLAST ranked among the top altcoins by 24-hour net capital outflows,BLAST withdrawal deadline approaching

Article

IRYS、AXIS、BLAST Top three altcoins by capital outflows:BLAST Asset withdrawal deadline approaching,IRYS short squeeze followed by a plunge

BlockBeats reports that October 25, according to Coinglass data, over the past 24 hours, among net outflows from crypto spot markets, excluding BTC with a net outflow of 166000000 USD；ETH with a net outflow of 114000000 USD。IRYS、AXIS、BLAST recorded 24 among the top three altcoins with the largest capital outflows over the past hours, with net outflows of 30650000 USD、25000000 USD and 23000000 USD, respectively, while the three tokens 24 hours fell by 43%、2.5%and 30%.

In terms of news:IRYS experienced a short squeeze yesterday, surging before plunging today, according to HTX market data; yesterday’s high briefly exceeded 0.32 USD, and it is currently trading at 0.035 USD；

AXIS was listed on South Korea’s largest trading platform, Upbit, yesterday, and October 21 was listed on South Korea’s second-largest trading platform, Bithumb, yesterday;BLAST announced at the beginning of this month that it would cease operations, and users must withdraw their assets to the Ethereum mainnet before October 26; Upbit will delist 12: 00 spot trading at BLAST.

Original link https://m.theblockbeats.info/flash/373601

Key points

According to the Coinglass data cited in the article, over the past 24 hours,IRYS、AXIS、BLAST net outflows were 30650000 USD、25000000 USD and 23000000 USD。
The article states that the three tokens fell by 24 hours, respectively, 43%、2.5%and 30%。
The article states that IRYS yesterday’s high briefly exceeded 0.32 USD, and it is currently trading at 0.035 USD。
The article states that AXIS was listed on Upbit on October 21 and on Bithumb yesterday.
The article states that BLAST announced at the beginning of this month that it would cease operations, and users must withdraw their assets to the Ethereum mainnet before October 26.
The article states that Upbit will, at local time tomorrow, 12: 00 delist BLAST from spot trading.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

A net capital outflow means that more capital is flowing out of the relevant token than flowing into it; delisting means that a trading platform has ceased spot trading of the relevant token.

Why it matters to readers

Capital outflows, price declines, and BLAST withdrawal and delisting milestones may affect the short-term trading and asset handling of the relevant tokens.

Beginners should note that capital outflows and price declines reflect short-term market pressure and do not mean that prices will necessarily continue to fall.

Risks and unknowns

The data and market information in the article were relayed by the media; no original data from Coinglass,HTX or the exchanges were provided for independent verification.
The specific dates corresponding to time expressions such as “yesterday” and “tomorrow” must be confirmed against the original publication time.
The article does not explain the specific reason why BLAST ceased operations or the details of how users’ assets will be handled after withdrawal.

IRYS、AXIS、BLAST ranked among the top altcoins by 24-hour net capital outflows,BLAST withdrawal deadline approaching

Article

AI-assisted interpretation

Why it matters to readers

Risks and unknowns

Related Developments

Related concepts

Keep following

Security Center