Market Analysis: Major Liquidity Injection and Its Impact on Altcoins
Last week, the cryptocurrency market recorded a significant inflow of funds, which I consider one of the key indicators of a shift in sentiment among institutional investors. The total volume of replenishments into major stablecoins and leading altcoins exceeded $1.2 billion, which is 34% higher than the average over the past three months.
The distribution of funds is of particular interest. While transfers into Bitcoin and Ethereum dominated at the beginning of the month, we are now seeing diversification toward first- and second-layer projects. For example, inflows into Solana and Avalanche increased by 27% and 19%, respectively. This suggests that large players are beginning to seek opportunities beyond the top two coins, which historically precedes the altseason phase.
Data on Stablecoins and Exchange Reserves
On-chain analysis shows that more than 60% of the replenishments went into USDT and USDC. Meanwhile, reserves on centralized exchanges have grown by 8.5% over the past 48 hours. This is an important signal: liquidity is preparing to enter risk assets, rather than simply settling in stablecoins.
From an on-chain metrics perspective, the number of active addresses on the Ethereum and BNB Chain networks increased by 12% and 9%, respectively. This correlates with the growth in DeFi transaction volume, which reached $4.8 billion per day.
My professional assessment: the current replenishment is not a speculative spike, but a structural accumulation of positions. If the trend continues over the next 5-7 days, we may see a breakout of key resistance levels for BTC and ETH, which would pave the way for a 15-25% rise in small-cap altcoins.