Altcoin exchange deposit count jumps 160% in 2 weeks
60-second summary
CryptoQuant reports that altcoin exchange deposit transactions and unique depositing addresses surge 160% within two weeks, reaching their highest levels since October 2025, signaling mounting selling pressure as users move assets off‑exchange. This sharp uptick suggests heightened market anxiety, potentially driving short‑term price declines across altcoins and prompting traders to monitor liquidity shifts closely.
CryptoQuant flagged potential selling pressure as deposit transactions and depositing addresses hit their highest counts since October 2025.