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> The last _3 months_ saw $1Tn of new money poured into crypto from all sides.

Market cap is based on the price of the last transaction multiplied by the number of coins. It's not related to the total capital flow.

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I assume they are conflating the $1T increase of the total crypto market cap with how much new money has been poured in, however, that's just wrong - you need much less than $1T to increase the market cap by that much.

You're correct, sorry my bad. I was looking at these charts but indeed they show market cap not capital influx:

https://coinmarketcap.com/charts/

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