🚨 Altcoins: The worst sell-off since the COVID crash.

Where's the money going?

The altcoin market (excluding BTC and ETH) has been under extreme selling pressure for 15 months. The overall balance of buys and sells has dropped to 2020 lows.

Here's the scoop in numbers:

-$209 billion — that's how much capital has already been pulled from altcoins.
Only 36 coins from the top 100 on CoinMarketCap are showing any profit right now.
The outflow of cash is massively outpacing the inflow.
Who's to blame and what's going on?
The main illusion right now is thinking that 'the bottom has been found since everything has dropped by 90%'. The charts clearly show that the big players are systematically unloading their positions. Moreover, the project developers themselves are actively pressuring the order book, dumping tokens and cashing out into fiat instead of supporting their creations.

What to do with capital?

Historically, such extreme capitulations happen closer to the end of a bear trend. But trying to catch falling knives (especially shitcoins) is suicidal.

🛡 A safe strategy right now: stay in stablecoins, work on account promotions (airdrops, launch pools), and wait for real buyers to return. Let's keep a cool head!
@TradeNet_3000_ai
In all networks 🤝