Markets· ★★★· bearish·

CryptoQuant: $371B altcoin inflow and rising exchange deposits flash overheating warning

  • —Total2 absorbed over $371 billion since June 2026, up 45%
  • —87% of Binance altcoins trade above 200-day average vs 13% in August
  • —Weekly altcoin deposits average 22,700 on Binance and 8,300 on Coinbase
  • —Exchange inflows hit highest since October 2025, though below prior cycle levels
Why it matters: Historically, such deposit spikes and euphoria precede a loss of momentum, raising the risk of an altcoin correction.
Source: PANews