USDT Absorbs $47.6M as Traders Rotate Out of Bitcoin

Tether (USDT) absorbed $47.64 million in capital fleeing risk assets over a five-hour window, the largest single share of outflows. Traders rotated out of Bitcoin into the stablecoin as market flow data showed the shift. The move reflects risk-off sentiment in crypto markets, with USDT capturing the bulk of capital seeking safety during the period.