IRYS, AXIS, and BLAST Top the Altcoin Outflow Rankings: BLAST Asset Withdrawal Deadline Tomorrow, IRYS Plummets After Short Squeeze

BlockBeats news, October 25, according to Coinglass data, in the past 24 hours, among the net outflows of crypto spot funds, excluding BTC's net outflow of $166 million and ETH's net outflow of $114 million. IRYS, AXIS, and BLAST recorded the top three large altcoin fund outflows in 24 hours, with net outflows of $30.65 million, $25 million, and $23 million respectively, and the three tokens fell 43%, 2.5%, and 30% in 24 hours respectively.

News developments:
IRYS experienced a short squeeze yesterday, surging before plummeting today, according to HTX market information, yesterday's high once exceeded $0.32, now at $0.035;

AXIS launched on South Korea's largest trading platform Upbit on October 21, and yesterday launched on South Korea's second-largest trading platform Bithumb, with funds withdrawing after the positive news materialized;

BLAST announced the cessation of operations earlier this month, users need to withdraw assets back to the Ethereum mainnet before October 26, Upbit will delist BLAST spot trading at 12:00 local time tomorrow.