Altcoin selling pressure at 5-year high amid 15-month net outflow

Altcoin selling pressure on major exchanges has reached a five-year high, cryptocurrency analyst IT Tech said in a CryptoQuant contribution. He noted that the cumulative buy-sell volume difference for altcoins, excluding BTC and ETH, has recorded its most negative value since data collection began in 2020. According to the analyst, this indicator was near zero in early 2025 before reversing into a downtrend that has yet to stop. "The current phase is not a bottom but a 15-month period of net selling," he added. The metric currently stands at approximately -$209 billion.