Many people are talking about the much-anticipated Altcoin Season, and an interesting way to identify potential altcoins is by following the Binance Netflow Heatmap — an indicator that shows the net flow of altcoins moving in and out of Binance, where green means more inflows and red means more outflows.
Currently, the altcoins being most accumulated — meaning those with the highest outflows from Binance (indicating withdrawals to personal wallets and possible holding) — are:
ENJ, SLP, FET, AMP, ETH, CRV, BNT, 1INCH, GHST, GTC, YGG, LINK, ANKR, ALICE, MKR, SNX, ZRX, DODO, and OGN.
This shows strong public interest in withdrawing these altcoins from the exchange, a clear signal of accumulation and confidence in the assets.
An interesting case is Ethereum (ETH): despite the volatility in recent months, people remain eager to accumulate more, reducing Binance’s reserves and reinforcing the potential for future price appreciation.
Keep an eye on these movements to better understand the market’s current momentum! 💡
Written by joaowedson
