Crypto’s next altseason may have fewer winners: Wintermute
CoinTelegraph·
60-second summary
Institutional investors currently account for 72% of Wintermute's spot OTC flow in the first half of 2026, with capital clustering in fewer tokens, indicating a more selective altcoin rally. This trend suggests that the next altseason may have fewer winners, as institutions focus on a smaller pool of promising assets, potentially leading to increased competition and volatility in the market.
Institutional investors accounted for 72% of Wintermute’s spot OTC flow in the first half of 2026 as capital clustered in fewer tokens and altcoin rallies became more selective.