Most altcoins have fallen by more than 50% from their highs this year! Unless the liquidity of cryptocurrencies improves, the decline will be even more severe. In contrast: Bitcoin (-11%) and Ethereum (-13%) This has also caused many people to stop playing altcoins and turn to hoarding Bitcoin and ETH!

What caused the altcoin crash this time? Token unlocking and unfavorable liquidity indicators are the main causes of the altcoin crash this time.

In addition, Bitcoin miners have begun to sell their Bitcoin inventory, and the ETH balance on exchanges has increased by $2.5 billion, which was previously related to potential selling pressure. Despite the improvement in inflation data, Bitcoin ETFs have seen a large net outflow (about $660 million in 5 days). The overall net flow of various segments (stablecoins, futures leverage, ETFs, etc.) is -2.4 billion US dollars, which is the third week of net flow decline since the launch of ETFs in January 2024.

There is also the frequent listing of new coins, which has led to a serious lack of liquidity in the currency circle altcoins! , once it goes online, it is valued at billions of US dollars. Where does so much money come from in the market,,,,,,