CryptoQuant analyst Axel Adler Jr. suggests a potential altcoin bull market is brewing, based on recent exchange flow data. He noted that monthly altcoin inflow/outflow on major exchanges has dipped to around $1.6 billion, significantly below the yearly average of $2.5 billion. This decline, according to Adler Jr., indicates a strengthening trend of asset consolidation and accumulation, as investors prepare for a potential altseason. Historically, similar low inflow/outflow periods have preceded altcoin bull markets. Adler Jr. highlighted five instances since 2022 where exchange altcoin flow fell below $1.6 billion. These periods, including early 2023, the latter half of 2023, and August-September 2024, were often followed by notable altcoin price increases. Should this pattern hold, the current low inflow/outflow could signal an upcoming surge in altcoin values. Investors should always conduct thorough research and understand the risks involved before making any investment decisions. ```