Huoxing Finance reports that, according to the latest data from CryptoQuant, the 7-day cumulative deposit transactions of altcoins into exchanges rose to 78,000 on September 28, up approximately 160% from around 29,800 on September 14, reaching the highest level since October 2025. During the same period, the number of addresses depositing altcoins into exchanges increased from approximately 17,600 to 51,600, nearly tripling and hitting a one-year high. CryptoQuant noted that this surge in exchange inflows was broad-based and pointed out that when holders transfer tokens to exchanges, it often signals an intention to sell, suggesting potential selling pressure. Meanwhile, altcoins have recently outperformed Bitcoin. Bitcoin’s market cap share has fluctuated between 58% and 60.4% since May 27 and remains below 60%; altcoins outside the top 10 by market cap accounted for 9% of total market cap on September 27, the highest level since February this year.
Altcoin exchange deposits surge 160% in two weeks, potential sell pressure rises
MarsBitShare
Summary
Altcoin exchange inflows surged 160% over two weeks, with deposits reaching 78,000 on September 28—the highest level since October 2025. The number of depositing addresses tripled to 51,600, a one-year high. CryptoQuant noted that this inflow may signal increased selling pressure. Altcoins under observation have outperformed Bitcoin, which now holds less than 60% of the market share. On September 27, assets outside the top 10 accounted for 9% of the total market cap—the highest level since February.
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