Altcoins Face Worst Sell Pressure in Crypto History With $209B in Outflows

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The altcoin market just set a new record that no one wanted. Crypto assets outside Bitcoin and Ethereum have now closed five consecutive months in the red, a streak that has no precedent in crypto history.

Michaël van de Poppe, CIO and Founder of MN Fund, highlighted this on X, calling it a first for the market.

He also pointed out that social media interest in crypto has dropped to extremely low levels, reflecting just how far retail enthusiasm has fallen.

Also Read: Strategy’s Michael Saylor Admits Bitcoin Crypto Winter After Saying It Would ‘Never Return’

$209 Billion in Altcoin Selling

The selling pressure behind this streak is even more alarming. Crypto analyst Ash Crypto shared CryptoQuant data revealing that altcoins have faced nonstop dumping for over a year.

That figure is worse than anything recorded during the 2022 bear market or the FTX collapse. The buy/sell difference for altcoins sat near zero in January 2025. Since then, selling has moved in one direction only.

So Is the Bottom Close?

Despite the brutal data, van de Poppe is not writing altcoins off. His chart marks the current altcoin market cap zone around $714 billion as a “Dip buying” area.

He said that a slight recovery in the current monthly candle over the next few weeks could signal the correction is nearing its end.

The next two weeks will be telling. February’s candle close will either break the five-month losing streak or push the altcoin market deeper into bearish territory.

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