Altcoin exchange deposits surge 160% in two weeks, analysts flag risk
Image: CointelegraphCryptoQuant data shows altcoin exchange deposit transactions jumped 160% in two weeks, hitting 78,000 in a seven-day period in late September 2026. The number of depositing addresses nearly tripled to 51,600, the highest count since October 2025. The broad-based surge comes amid recent altcoin outperformance against Bitcoin and a 45% rise in altcoin market capitalization since June 2026. Exchange deposits are often viewed as a signal of potential selling pressure from holders.
Key points
- The deposit surge is broad-based across all tracked altcoins.
- CryptoQuant analysts flagged the deposit surge as a potential signal of upcoming altcoin selling pressure.
Why it matters
The broad altcoin deposit surge may signal upcoming selling pressure from holders, while recent altcoin outperformance and rising market capitalization show strong recent demand for non-Bitcoin crypto assets.
Price context · BTC
At publication
$83,841.00
Now
$80,774.00
Change since
−3.66%
7 days
Sources · 2 publishers
Crypto Briefing
Tier 2
CryptoQuant reports 160% surge in altcoin exchange deposits in 2 weeks
Coverage timeline
- First reported by Cointelegraph
- Also reported by Crypto Briefing
- CryptoVideos brief published
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