Đầu tư thông minh đã đi đâu: Những chuyển động quỹ tốt nhất và rút vốn lớn nhất trong toàn bộ thị trường tiền điện tử năm 2025

2025 proved to be a watershed year for cryptocurrency ecosystems, with capital movements painting a stark picture of which blockchains captured investor confidence and which ones experienced a mass exodus. On-chain analytics reveal a tale of two markets: some networks became magnets for liquidity, while others hemorrhaged billions in outflows.

The Capital Winners: Where Best Fund Flows Concentrated

Ethereum’s Commanding Lead

Ethereum dominated the capital inflow race, recording a net capital influx of $4.21 billion in 2025. The flagship blockchain’s sustained momentum reflected investor confidence in its ecosystem maturity and developer activity. This figure underscores why Ethereum remains the gravitational center of the broader altcoin universe.

Emerging Stars Gaining Traction

The best fund movements weren’t confined to established giants. Hyperliquid captured the second-largest inflow with $2.88 billion, driven by its emphasis on high-frequency trading and derivatives functionality. The network’s specialized focus on derivatives trading created a compelling value proposition that attracted sophisticated traders.

Following closely, a group of ambitious challengers demonstrated that capital could be drawn to ecosystems with specific use cases:

• Sonic: $1.25 billion influx
• WorldChain: $671 million
• Solana: $625 million
• Starknet: $613 million
• edgeX: $334 million
• Ink: $224 million
• Injective: $174 million
• Bitcoin: $155 million

These inflows signal investor appetite for diversity—whether through scaling solutions, specialized trading platforms, or Layer 2 innovations.

The Capital Hemorrhage: Ecosystems Facing Massive Outflows

The counterside of the 2025 capital story told an entirely different narrative. While some networks thrived, others witnessed significant withdrawal of liquidity.

Arbitrum’s Historic Exodus

Arbitrum experienced the most severe capital flight, with a staggering net outflow of $5.13 billion. This represented a meaningful reversal in investor confidence within one of Ethereum’s most established scaling solutions.

A Cascade of Departures

Beyond Arbitrum, multiple major ecosystems grappled with investor redemptions:

• Unichain: $1.34 billion outflow
• BNB Chain: $1.23 billion outflow
• Base: $942 million outflow
• Polygon PoS: $852 million outflow
• Linea: $410 million outflow
• Berachain: $347 million outflow
• Blast: $303 million outflow
• Avalanche C-Chain: $267 million outflow
• Sui: $206 million outflow

What the Data Reveals About Market Sentiment

The divergence between inflows and outflows illustrates a maturing market making increasingly nuanced decisions about capital allocation. Networks with differentiated positioning—whether through superior scaling, specialized functionality, or developer momentum—captured the best fund flows. Simultaneously, ecosystems perceived as crowded or offering marginal improvements over alternatives faced consolidation pressure.

The 2025 capital movements serve as a referendum on blockchain viability, rewarding innovation and punishing stagnation in the brutally efficient market for decentralized infrastructure.