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Altcoin Trading Volume Hits 4x Bitcoin as One Trader Says He’s Out
Altcoin volume has surged fourfold against Bitcoin, prompting Doctor Profit to take profits and reduce exposure amid rising leverage.
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Key points
- Altcoin spot trading volume is now four times Bitcoin's, with leverage rising across the market, according to the article.
- Doctor Profit said he sold ONDO at 73% profit, closed HBAR, exited altcoins, and opened Bitcoin shorts at $86,200.
- Darkfost flagged $371 billion of Total2 inflows, 87% of Binance altcoins above their 200-day average, and a bearish RSI divergence.
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