Altcoin sell pressure just hit a 5-year extreme

Altcoin-sell-pressure-just-hit-a-5-year-extreme

- Cumulative Buy/Sell Diff (alts, ex-BTC/ETH): -209B
- Jan 2025: near zero - last time demand matched supply
- Since then: -209B in 13 months. One direction only.
- BTC at 68.8K. Down from 125K+ ATH in Oct 2025.

Retail is out. Smart money rotated. No institutional alt accumulation in sight.

This is not a dip. It's 13 months of continuous net selling on CEX spot.

-209B doesn't mean bottom. It means buyers are gone.