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Altcoin Season Signals Appear as Assets Exit Binance Fast

  • Massive altcoin outflows from Binance could indicate investor accumulation and early signs of an upcoming altcoin season.
  • The Altcoin Season Index is currently low, but many altcoins are leaving Binance, suggesting silent accumulation by investors.
  • Notable altcoins like ENJ, SLP, FET, AMP, ETH, CRV, MKR, and LINK are being withdrawn from Binance, indicating a shift towards holding rather than selling.
  • On-chain analysts suggest that recent capitulation may mark the beginning of a potential altcoin season, with Ethereum and Solana showing early signs of rallying.

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