ChainCatcher report: CryptoQuant analyst IT Tech analyzed that selling pressure on altcoins in spot exchanges has reached an extreme level not seen in five years, with the spot market recording net selling for 15 consecutive months. The cumulative net difference between buying and selling volumes for altcoins, excluding BTC and ETH, has hit its lowest negative level since data recording began in 2020; this metric had approached neutrality at the beginning of 2025 before sharply turning negative again and continuing to decline ever since.
CryptoQuant: Altcoin selling pressure reaches a five-year high, with a 15-month net outflow
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Summary
Altcoin market selling pressure has surged to a five-year high, according to CryptoQuant analyst IT Tech. Spot exchanges show a 15-month net outflow, with the buy-sell volume difference for non-BTC and non-ETH coins reaching its most negative level since 2020. The indicator briefly stabilized in early 2025 before declining again. Altcoin news underscores ongoing weakness as the altcoin market remains under heavy pressure.
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