Altcoins bleeding for 15 months?
The data on spot exchange sell pressure for altcoins is the most extreme we've seen since 2020. Are we really still calling this a dip?
I've been watching the cumulative buy/sell volume difference for altcoins (excluding BTC and ETH) on spot exchanges, and it just hit the deepest negative reading since records began in 2020. That's not a dip — that's 15 months of continuous net selling. 🤔
Makes me wonder: are we mistaking a structural shift for a buying opportunity? What would it take for this pressure to reverse?

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