The cryptocurrency markets are undergoing one of the toughest liquidity tests of recent years. Capital outflows, which accelerated in the first quarter of 2026, have topped the financial agenda with the hashtag

#BiggestCryptoOutflowsSince2022, reflecting a sharp decrease in the risk appetite of institutional and individual investors.
✨Industry representatives point to the fundamental difference between 2022 and today. While the outflows in 2022 stemmed from systemic risks and exchange failures, the activity in 2026 is seen more as a reaction of a market integrated with traditional finance (TradFi) to macroeconomic cycles. ✨Considering the total asset size of Bitcoin ETFs, the current billion-dollar outflows represent only 2% to 3% of the total volume. This indicates that the market has a much higher absorption capacity compared to 2022.
🤔What to Expect in the Coming Period?
The market's direction will be determined by inflation data to be released in the coming weeks and whether institutional inflows into ETFs resume. If the psychological support level of $60,000 can be maintained, this large outflow is expected to remain a "healthy correction," and the market is projected to recover in the second half of the year.