Altcoin Inflows to Exchanges: Retail Participation Surge and Possible Distribution
This chart tracks the total number of addresses sending altcoins to exchanges, reflecting buying and selling activity.
Two major inflow spikes occurred in March 2024, coinciding with a significant altcoin market correction.
Currently, altcoin inflows remain relatively low, suggesting a consolidation phase or reduced interest and liquidity as Bitcoin dominance stays high.
Data source: CryptoQuant.
