Analysts: Altcoin deposit volumes hit a new high since the October 2025 peak, with 87% of altcoins breaking above their 200-day moving averages.
TechFlow reports on September 27, that according to on-chain analyst Darkfost (@Darkfost_Coc)'s monitoring, since June 2026, the Total2 metric (including ETH) representing the total altcoin market cap has attracted cumulative fund inflows exceeding $371 billion, up 45%. Currently, 87% of altcoins on Binance have broken above their 200-day moving averages, shifting from a prior bearish trend to bullish momentum, with the broader market exhibiting clear euphoric sentiment.
Meanwhile, the volume of altcoins deposited to exchanges has climbed to the highest level since the previous market peak in October 2025, with Binance averaging over 22,700 weekly deposit transactions, Coinbase at 8,300, and other platforms totaling approximately 32,000.
Analysts note that such market dynamics historically struggle to sustain themselves, and current signals may indicate that the altcoin rally is entering a more critical phase, warranting caution against localized peak risks.
