Altcoins Sink to 5-Year Low as Cumulative Selling Reaches $209B
Altcoins are grappling with historic selling pressure, with no signs of recovery in sight. The market capitalization for altcoins, excluding Ethereum, has remained below $1 trillion throughout February, reflecting a sentiment downturn not seen in years. Investors eye a potential bottom after five months of losses, but data urges caution.
Net selling pressure has ballooned to $209 billion over the past 13 months, a stark reversal from the balanced buy/sell dynamics of January 2025. The one-sided exodus points to retail flight, smart money rotation, and waning institutional interest.
CryptoQuant's analysis reveals the most extreme altcoin sell-off in half a decade. The buy/sell ratio shows accelerating divestment with scant demand—a structural shift rather than a temporary dip.
