Glassnode said in a post on X that spot traders are rotating into altcoins, with total altcoin spot trading volume now nearing four times that of Bitcoin. The firm said the reading marks the highest level since September 2025. Glassnode also noted that rising demand for higher-risk assets has, in past market cycles, often coincided with a local top in BTC. The update points to a clear shift in spot market activity away from Bitcoin and toward altcoins, based on the firm’s latest observation shared on social media. No additional figures or timeframe beyond the comparison and the September 2025 reference were disclosed in the post cited by ChainCatcher.
Glassnode said in a post on X that spot traders are shifting toward altcoins.
According to the firm, total altcoin spot trading volume has risen to nearly four times Bitcoin’s level, the highest reading since September 2025.
Glassnode added that this kind of increase in demand for higher-risk assets has often coincided with a local top in BTC in the past.
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