Altcoins Face Record $209 Billion Sell Pressure Over 13 Months
According to CryptoQuant data, altcoins (excluding Bitcoin and Ethereum) have faced a brutal year, recording a net sell volume of negative $209 billion. Even when Bitcoin has seen price rebounds, altcoins have failed to gain momentum. $GUN
Key insights from analyst IT Tech and market trends include:
Market Exodus: Retail investors have largely left the space, while "smart money" has rotated back into Bitcoin. $AWE
Lack of Support: Institutional buying for altcoins has been non-existent since January 2025.
Bitcoin Dominance: With BTC trading near $68,000 and controlling 58-59% of the market, altcoins are being squeezed out. $FOGO
This shift has sparked a debate among traders: is this the final stage of capitulation before a massive rally, or is there more downside to come?