Altcoin Exchange Deposit Activity Surges

2026-10-06

CryptoQuant reports a 160% increase in altcoin exchange deposit counts over two weeks, reaching levels not seen since October 2025. This surge in activity suggests potential selling pressure in the market.

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Altcoin exchange deposit activity has surged by 160% over two weeks, reaching levels not seen since October 2025. This increase in activity and depositing addresses may indicate potential selling pressure in the market.

Key facts

  • Altcoin exchange deposit counts increased by 160% over a two-week period.
  • The number of depositing addresses reached its highest point since October 2025.
  • This surge in activity may signal impending selling pressure in the cryptocurrency market.
  • Increased deposit activity suggests a greater volume of assets being moved onto exchanges.
  • The data offers a snapshot of market sentiment and potential liquidity events.

Source: CoinTelegraph

Reported by VERA Newswire.

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