☠️ Worse than post-FTX: 38% of altcoins near historic lows Chart: The percentage of altcoins trading at or near all-time lows. Source: @CryptoQuant According to CryptoQuant analyst Darkfost, around 38% of altcoins are currently trading close to their historical lows, a situation even worse than the market conditions seen after the FTX collapse. One of the key reasons is liquidity rotation. Capital is gradually moving out of altcoins and into equities and commodities, while daily altcoin trading volumes have dropped to around $49 billion. Analysts also highlight two structural factors putting pressure on the market: ▪️ the oversupply of tokens competing for limited investor capital, ▪️ the launch of Bitcoin ETFs, which has redirected liquidity toward traditional financial instruments. As a result, altcoins are facing not only market volatility, but also a shift in how capital is allocated across the crypto market.