Altcoin Exchange Flows Signal Potential Rally as Accumulation Patterns Emerge

Altcoins have endured relentless volatility and prolonged selling pressure, leaving investors questioning when the long-awaited altseason will arrive. Since late last year, analysts have watched for signs of recovery, but momentum remained muted as capital rotated into Bitcoin and select large-cap tokens.

New on-chain data from CryptoQuant reveals a potential shift. As of June 27, average monthly exchange flows for altcoins dropped to $1.6 billion—well below the annual average of $2.5 billion. Historically, such declines precede consolidation phases and powerful upward moves.

The trend suggests investors are quietly accumulating positions as prices stabilize. While macroeconomic risks persist, declining exchange flows may signal an impending shift in market dynamics. If history repeats, this could mark the early stages of a robust altseason fueled by accumulation rather than speculation.