Altcoin exchange deposits rise 160% in two weeks

CryptoQuant says altcoin deposits to exchanges climbed sharply over the past two weeks, reaching their highest level since October 2025. The firm said the increase may point to growing selling interest among holders. According to the report, the sevenday total of altcoin deposit transactions on exchanges rose to 78,000 by Sept. 28, up from about 29,800 on Sept. 14. The number of addresses making these deposits also increased from roughly 17,600 to 51,600 over the same period. CryptoQuant described the move as broadbased and noted that exchange deposits often indicate that investors may be preparing to sell. The rise comes as Bitcoin dominance has remained below 60% and smaller altcoins have recently gained a larger share of the crypto market.