Altcoin Deposits Soar to Highest Level Since October 2025
Altcoin exchange deposits have surged to their highest level since October 2025, reaching 78,000 transactions over seven days on September 28. This marks a significant increase of roughly 160% from September 14 and indicates that more tokens are being positioned on exchanges for potential selling.
The number of addresses depositing altcoins nearly tripled to 51,600 during the same two-week period, suggesting that a wider group of holders is moving assets toward exchanges. CryptoQuant described this move as broad-based rather than concentrated among a handful of wallets.
CryptoQuant warns that rising exchange inflows do not guarantee immediate selling but increase the amount of supply positioned close to market liquidity. This warning comes as Bitcoin shows signs of fatigue, with traders' unrealized profit margin reaching 33%, its highest level since December 2024, and holders realizing 25,700 BTC in profit on September 22.