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CryptoQuant Analyst: Assets are consolidating, the potential for increasing altcoin holdings is continuously growing.
[CryptoQuant Analyst: Assets are Consolidating, Altcoin Accumulation Potential is Increasing] CryptoQuant analyst Axel Adler Jr tweeted, "As of June 27, the average monthly trading volume of altcoins is $1.6 billion, down from the yearly average of $2.5 billion. This moderate flow indicates that assets are consolidating before the next altcoin boom arrives, and the accumulation potential is continuously increasing."