Altcoins Selling Pressure Persists As Exchange Inflow Hits 2025 High — Details

Altcoins have not quite recovered from the significant downturn that hit the financial markets a week ￰0￱ large-cap cryptocurrency assets, including Bitcoin, are either revisiting their low from the previous week or struggling to mount any real pressure from their current ￰1￱ instance, the largest altcoin by market cap, Ethereum, after briefly returning to above $4,200 earlier this week, is back to its level in the aftermath of the October 10th ￰2￱ to the latest on-chain data, it appears that investors are increasingly losing confidence in the long-term promise of the ￰3￱ Altcoins In For A Deeper Correction? In a new post on X, CryptoQuant’s Head of Research, Julio Moreno, revealed that altcoins are making their way in large volumes to centralized ￰4￱ fresh trend reflects a less optimistic shift in investor sentiment after a particularly positive start to the month of ￰5￱ Reading: BNB Active Addresses Hit Record 3.6 Million – Analyst Explains Network Growth The relevant indicator here is the Exchange Inflow Transaction Count, which measures the number of transactions involving the deposit of a cryptocurrency (altcoins, in this context) into a centralized ￰6￱ metric can be used to assess investor sentiment at every given moment in the market.

A significant rise in the Exchange Inflow Transaction is typically considered a bearish signal, as it suggests that investors are moving their assets to centralized exchanges to sell. Ultimately, this trend could mean imminent selling pressure for the cryptocurrency (or group of digital assets, as in this case). Moreno revealed in his post on X that the number of transactions sending altcoins onto trading platforms has reached a new high in ￰7￱ observed in the chart below, the world’s largest cryptocurrency exchange by trading volume, Binance, has been responsible for the majority of the cryptocurrencies flowing into these centralized ￰8￱ the market already seems to be undergoing a significant correction, a continuous flow of assets into exchanges could mean an extended period of downward movement for the altcoins.

However, the peak of this metric could also be significant, as it could signal the bottom and potential reversal of the altcoin ￰9￱ Market Cap Falls To $1.45 Trillion According to the latest data, the cryptocurrency market (excluding Bitcoin) is valued at around $1.45 trillion, reflecting an over 1% drop in the past 24 hours. What’s more worrying is the market’s record in the past week, as the altcoins have lost nearly 13% of their value over the last seven ￰10￱ Reading: Solana Meme Economy: The Culture That Drives Billions In Volume – Here’s How Featured image from Shutterstock, chart from TradingView