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IRYS, AXIS, and BLAST lead $78.65M altcoin outflows amid BLAST's Ethereum migration deadline

Market News
25 Oct 2026
Tokenpost
View Source
Bearish
IRYS, AXIS, and BLAST lead $78.65M altcoin outflows amid BLAST's Ethereum migration deadline

On October 25, IRYS, AXIS, and BLAST topped altcoin spot outflows with a combined $78.65 million withdrawn as BLAST users faced a deadline on October 26 to move assets to Ethereum. IRYS led with $30.65 million in outflows, followed by AXIS at $25 million and BLAST at $23 million. Bitcoin and Ether also saw significant outflows of $166 million and $114 million respectively. The BLAST project announced it would cease operations, prompting users to transfer assets to Ethereum before spot trading ends on October 26. This deadline has driven notable asset movements in these tokens.

As of Oct 25, 2026 21:01 WIB, IRYS and BLAST are both experiencing steep declines on Pluang, with IRYS down 36.62% at Rp674 and BLAST down 34.33% at Rp0.299. IRYS's market cap of Rp1.62 trillion contrasts sharply with BLAST's much smaller Rp193.78 million, highlighting the scale difference despite similar sell-offs. These sharp drops coincide with the significant outflows noted in the news, reflecting heightened trading activity and investor response on the platform.

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