CryptoQuant: Altcoin Exchange Deposits Jump 160% in Two Weeks
- —Weekly altcoin deposit transactions to exchanges reached 78,000 as of Sept. 28
- —Up 160% from 29,800 on Sept. 14 — the highest since October 2025
- —Depositing addresses nearly tripled from 17,600 to 51,600
- —Bitcoin's market cap dominance has held between 58% and 60.4% since May 27
Why it matters: Rising altcoin exchange deposits have historically preceded sell-offs, posing correction risk after BTC's rally above $87,000.
Source: CryptoHamster
More on this
Markets · Sep 27CryptoQuant: $371B altcoin inflow and rising exchange deposits flash overheating warning
Markets · Sep 19Two whale wallets deposit 33,180 ETH to exchanges with $20.5 million profit
Markets · Sep 28Analyst flags 'alarming signal' for altcoins as exchange deposits hit highest since October 2025