Massive Ethereum Outflow, $6 Billion Flowing to L2! Arbitrum, Optimism, and Solana are the Big Winners
According to crypto analyst Michael Nadeau citing Artemis data, the report on October 31 shows that the Ethereum mainnet has experienced a net outflow of $6 billion this year, with as much as 83% directly flowing to L2 networks. This transfer reveals that the market is rapidly positioning itself for Layer 2, granting it unprecedented potential:
Arbitrum: Net inflow of $2.4 billion Optimism: Net inflow of $2.2 billion Base: Net inflow of $1.6 billion
More strikingly, Solana attracted $2.36 billion in Ethereum funds, of which 42% (over $1 billion) flowed back into the Ethereum ecosystem. This flow represents a subtle balance and active movement of capital seeking value between different ecosystems.
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