Last week, digital asset investment products experienced a significant capital outflow, with a net outflow of 952 million USD. This wave of dumping was driven by several factors: the pace of the regulatory "Clarity Act" has slowed down, making the policy outlook more uncertain; coupled with widespread concerns in the market about Large Investors dumping, investor sentiment has cooled.

Specifically, Ethereum faced the biggest impact, with a net outflow of $555 million in a single week; Bitcoin followed closely with a net outflow of $460 million. Relatively speaking, small-cap coins experienced a milder decline - Solana saw an outflow of $48.5 million, and XRP had an outflow of $62.9 million. This liquidity differentiation reflects a typical characteristic of the market during risk periods: funds tend to seek more stable safe havens or simply exit to observe.