Analyst Darkfost estimated that more than $134 billion exited altcoins over a 15-day period, linking the decline largely to rapid profit-taking. He said “altseason” was fading as the share of Binance-listed altcoins trading above their 200-day moving average fell from more than 90% to 51.6%. He cautioned that altcoin performance and investor sentiment can change quickly.
Separately, analyst Willy Woo said investors expecting bitcoin to reach a lower bottom may be mistaken. He assessed that bitcoin capital flows bottomed on Aug. 9, 2026.
