$LINK since $40
$KAS since $0.20
$ONDO since $1.9
$RENDER since $13
$TAO since $700
$SUI since $4
$SEI since $0.90
Then, you should definitely know that Altcoin sell pressure is at 5 year extreme.
Read that again.
This is not a random red week.
This is not a “healthy correction.”
This is 13 months of straight distribution on spot markets.
And the chart above makes it painfully clear.
For over a year, altcoins excluding BTC and ETH have seen continuous net selling on CEX spot. No meaningful relief rallies in cumulative buy pressure. No sustained absorption.
Just one direction.
Down.
Let’s break this down properly.
👉 13 MONTHS OF NET SELLING IS NOT NORMAL
Look at the orange line.
It tracks the 1-year cumulative buy/sell volume difference for altcoins. And it has collapsed to levels we haven’t seen in five years.
Even during the 2022 bear market, we didn’t see this kind of prolonged one-sided pressure without some form of base forming.
But this time?
There’s no flattening.
No stabilization.
No early accumulation curve.
Just acceleration into deeper negative territory.
That means sellers are overwhelming buyers month after month.
👉 WHERE IS THE SMART MONEY?
Now ask yourself something uncomfortable.
If institutions were accumulating, would this line look like this?
No.
When serious capital accumulates, you see absorption. You see volume shifts. You see stabilization in cumulative flows.
Here, we see none of that.
Retail is mostly out. Engagement is lower. Narratives are weaker. Liquidity is thinner.
And instead of quiet accumulation, we’re seeing persistent outflows.
This suggests rotation. Capital is either parked in BTC, in cash, or outside crypto entirely.
The idea that “alts will randomly explode any day now” without flow confirmation is just hope.
And hope is not a strategy.
👉 THIS IS STRUCTURAL
What makes this chart concerning is not just the magnitude.
It’s the duration.
Markets can survive panic.
They struggle with apathy and structural outflows.
When distribution continues for over a year, it changes market structure. Liquidity dries up. Order books thin out. Bounces get sold faster.
And that’s exactly what we’ve been seeing.
Every small rally in alts gets faded.
Every breakout attempt lacks follow-through.
Because spot buyers are not stepping in aggressively.
Until this cumulative sell pressure flattens or reverses, talking about “altseason” is premature.
👉 WAKE UP TO REALITY
This is not fear-mongering.
It’s data.
Altcoins are not in accumulation. They are in prolonged distribution.
If you’re holding large alt bags, you need to be brutally honest with yourself.
Are you holding because of conviction?
Or because you’re anchored to past cycle highs?
Markets don’t reward denial.
They reward adaptation.
Watch the flows. Watch the cumulative delta. Wait for real absorption.
Until then, manage risk like this is a distribution phase.
Because right now, the data says it is.