According to U.Today, data from crypto analytics firm CryptoQuant shows that altcoin exchange deposits surged by approximately 160% in two weeks, rising from 29,800 on September 14 to about 78,000 on September 28, reaching their highest level since October 2025. The number of deposit addresses also nearly tripled, indicating that investors are taking profits.

CryptoQuant views this as evidence of increased selling pressure. Despite recent strong performance, NEAR and XLM have fallen by approximately 2.9% and 1.5% respectively in the past 24 hours, while XRP is down about 1.2%. Analysis suggests that high prices, widespread profitability, and the highest altcoin exchange deposit activity in nearly a year increase the risk of market distribution.