According to CryptoQuant analyst Burak Kesmeci, there has been a significant outflow of altcoins from the Binance platform. This indicates that investors are moving assets to cold storage, often seen as a signal to hold tokens long-term.
Altcoin Outflows from Binance
CryptoQuant analyst Burak Kesmeci reported high altcoin outflows from Binance, suggesting that traders are aiming to hold assets rather than sell. Such movement reduces selling pressure on exchanges, and, as Kesmeci stated, "it typically shows that holders are confident."
Rise in Altcoin Market Capitalization
According to TradingView data, the total market capitalization of cryptocurrencies excluding Bitcoin and Ethereum stood at $1.06 trillion on September 8, 2025, reflecting a 3% increase. This growth marks an important indicator of changes in the altcoin market.
Analysis of Possible Trend Reversal
Analyst Carl Moon pointed out that the current price structure and rising accumulation of altcoins may signal a new phase of growth, often referred to as 'altseason'. Moon indicated the presence of a breakout zone on the chart that could lead to a target range of $1.3 to $1.4 trillion.
Overall, the observed trends in altcoin outflows and market capitalization growth may indicate a potential shift in market dynamics in the near future.
