Altcoin exchange deposit count jumps 160% in 2 weeks

Altcoin exchange deposits have reached their highest transaction count since October 2025, according to CryptoQuant, which warned that holders may be preparing to sell.Key points:Altcoin exchange deposits reached a seven-day total of 78,000 transactions on Sept. 28, marking their highest count since October 2025.The number of addresses sending altcoins to exchanges reached around 51,600, also its highest tally in nearly a year.Bitcoin’s share of total crypto market capitalization stayed in a range it entered in late May.Altcoin exchange inflows hit highest levels since October 2025In its latest weekly report released on Tuesday, onchain analytics platform CryptoQuant flagged a surge in exchange deposits involving altcoins.The seven-day count of altcoin deposit transactions on exchanges tracked by the platform reached 78,000 on Sept. 28. That was up about 160% from around 29,800 on Sept. 14.“Altcoin exchange inflows have exploded to their highest levels since Bitcoin’s last all-time high,” CryptoQuant noted.Altcoin exchange inflow transactions. Source: CryptoQuantBetween Sept. 14 and Sept. 28, the number of addresses depositing altcoins to exchanges almost tripled from around 17,600...