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[CryptoQuant Analyst: Altcoin Selling Pressure Reaches Extreme Level in Five Years, Net Selling Continues for 15 Months]
June 17 News, CryptoQuant analyst IT Tech states that the selling pressure of altcoins on spot exchanges has reached an extreme level in five years, with the spot market experiencing net selling for 15 consecutive months. The total buy-sell volume difference of altcoins excluding BTC and ETH has hit the lowest negative value recorded since data collection began in 2020; this indicator was nearly balanced in early 2025, then sharply turned negative again and has continued to decline to the present.