
⚪️ In white, the price of #Bitcoin 🟠 In orange, the selling volume of altcoins. The current selling pressure on altcoins is nearly eight times greater than what was experienced during the last crypto winter in 2022. For some reason, people are selling their altcoins—and the vast majority are doing so at a loss, trying to recover at least a portion of the significant losses they incurred during this cycle, even if it’s minimal, taking advantage of the recent price rally. Meanwhile, there are also those who triggered the recent pump and short squeeze, and are now selling as well. But this chart, especially as we near the end of the crypto winter, indicates anything but adoption when it comes to altcoins.

