Why Prices Could Feel Pressure: 3 Altcoins With Rising Exchange Supply
The cryptocurrency market witnessed an explosive rally amongst many altcoins within the earlier month. Massive capital inflows pushed the entire altcoin market capitalization (TOTAL2) to a brand new all-time high above $1.7 trillion. However, inside simply the primary three weeks of October, greater than $300 billion in worth has been worn out.
As a outcome, a number of main altcoins at the moment are dealing with profit-taking stress from buyers, mirrored of their rising provide on exchanges. Which altcoins are underneath probably the most stress?
1. Chainlink (LINK)
Chainlink (LINK) delivered a powerful efficiency in Q3 2025, reaching over $28 in August, whereas its trade reserves continued to hit new lows. However, information from Santiment reveals that LINK’s trade provide has began to reverse in October.
Over the previous seven days, LINK’s trade provide elevated from 171 million to 182 million tokens. A optimistic market surroundings may sign a wholesome redistribution to new buyers.
But within the (*3*), the rising provide on exchanges might shortly develop into heavy promoting stress.
Market sentiment now outweighs optimistic inner developments. Despite S&P Global’s new initiative to make use of Chainlink for a stablecoin venture, LINK’s value has dropped by greater than 27% for the reason that begin of the month.
2. XRP
According to Coingecko, XRP buying and selling quantity accounts for over 16% of liquidity on Upbit, exhibiting the sturdy curiosity of Korean buyers on this token.
For that cause, the extent of XRP reserves on Upbit serves as a helpful indicator of investor sentiment. Data from CryptoQuant reveals a transparent inverse correlation all year long — when XRP reserves on the trade improve, its value tends to fall, and vice versa.
In October, Upbit’s XRP reserves surged to their highest stage since 2025, exceeding 6.1 billion XRP. This may point out that promoting exercise amongst Asian buyers might trigger broader sell-offs across other exchanges.
A latest BeInCrypto report additionally noted that on-chain information reveals whales, sensible cash, and long-term holders decreasing publicity to XRP, suggesting extra draw back danger within the coming days.
3. Aster (ASTER)
Data from Nansen reveals that Aster (ASTER) has seen a pointy improve in trade provide, climbing from round 670 million to over 875 million tokens prior to now week — a greater than 30% rise.
Alongside this improve, the value of ASTER dropped 50%, falling near $1.1. This means that buyers actively switch tokens to exchanges for promoting, creating additional downward stress.
These developments might point out a cooling-off interval for Perps DEX-related coins, which have been closely mentioned final month. Artemis reported that Aster DEX’s day by day perpetual buying and selling quantity has fallen from round $100 billion to $10 billion — a 90% drop.
The pessimistic sentiment is so sturdy that even Robinhood’s listing of Aster didn’t cease its decline.
The simultaneous value drops and trade provide surges in these three altcoins may sign the beginning of a capital rotation away from altcoins in October.
The submit Why Prices Could Feel Pressure: 3 Altcoins With Rising Exchange Supply appeared first on BeInCrypto.
