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CryptoQuant analyst reports altcoin sell pressure hits five-year extreme
Cumulative altcoin sell pressure on exchanges reaches -$209 billion. The Altcoin Season Index at 35 suggests Bitcoin dominance, with no recovery signal, per CryptoQuant analyst IT Tech.
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Altcoin sell pressure on centralized exchanges has reached a five-year extreme, with a cumulative net selling volume of roughly $209 billion. CryptoQuant contributor IT Tech flagged the buy/sell volume difference at that level, the most negative reading since the metric began tracking in 2020. The selling has now stretched into its 13th consecutive month.
According to IT Tech's analysis, the cumulative buy/sell volume difference hovered near zero as recently as January 2025. Since then, it has been negative every single month. More traders are dumping altcoins than buying them on centralized exchanges, and the pace has accelerated.
IT Tech described the current environment as a demand vacuum. The analyst pointed to two main forces: retail investors are exiting altcoin markets, and institutional interest remains limited to Bitcoin and Ethereum. Smart money is rotating into alternative assets or stable holdings, squeezing altcoins further.