Analyst: Altcoin Exchange Deposits Hit Highest Level Since October 2025

On-chain analyst Darkfost reported that the Total2 index, representing the total market capitalization of altcoins including Ethereum, has seen an inflow of over $371 billion since June 2026, marking a 45% increase. Currently, 87% of altcoins on Binance have crossed their 200-day moving averages. Meanwhile, exchange deposit volume for altcoins has reached its highest point since October 2025, with weekly average deposit transactions reaching 22,700 on Binance, 8,300 on Coinbase, and approximately 32,000 across other platforms. Analysts warn that such market dynamics may signal a critical phase and potential local top risks.