Is Altseason Coming? CryptoQuant Analyst Spots Key Accumulation Signal
The post Is Altseason Coming? CryptoQuant Analyst Spots Key Accumulation Signal appeared first on Coinpedia Fintech News
CryptoQuant analyst Axel Adler Jr. has spotted a potential early sign of a new altcoin wave. In a recent post on X, he revealed that altcoin exchange inflows have dropped sharply – something that’s often followed by strong market rallies. Could this be the start of the next “altseason”?
As of June 27, the average monthly altcoin exchange flow stands at $1.6B, below the annual average of $2.5B. This moderate flow suggests asset consolidation and growing accumulation potential ahead of the next altseason wave.
On the chart, green circles highlight periods when… pic.twitter.com/VmNjgJLXbG
