What is the reason for the decline of major altcoins?

The recent market has struck a chord with anyone trading altcoins in 2017 or 2021. Across more than 115 coins, the average price has fallen by 50% from its 2024 highs. What is the reason for this altcoin decline?

One of the key factors in surviving the altcoin bear market is effective risk management. Token unlocking and unfavorable liquidity indicators were the main triggers for this altcoin crash.

The large unlocking of altcoins is difficult for the market to digest.

Additionally, Bitcoin miners have begun selling off their Bitcoin inventories, with ETH balances on exchanges increasing by $2.5 billion, which was previously linked to potential selling pressure.