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      Majority of Altcoin Holders Face Losses as Bitcoin Surges

      The altcoin market is experiencing significant challenges, with most token holders reporting losses as the recovery lags behind Bitcoin's performance. Data from Glassnode and CryptoQuant reveals that only 36 out of the top 100 altcoins are currently yielding profits for their holders. In contrast, Bitcoin has seen an increase of approximately 28% over the past two years, highlighting a stark divergence between the leading cryptocurrency and the broader altcoin market.

      Approximately 84% of altcoins listed on Binance are trading below their 200-day moving averages. The median mid-cap altcoin has suffered a decline of about 74% over the two-year period ending in September 2026. For instance, an investment of $10,000 in a typical mid-cap altcoin two years ago would now be worth around $2,600. This trend of underperformance can be traced back to a liquidation event in October 2025, which triggered significant net outflows from altcoins that have not yet reversed meaningfully.

      On September 22, 2026, Glassnode's Altcoin Cycle Signal indicated a potential shift favoring altcoins, with a seven-day average reaching 81.25. However, the Altcoin Season Index remains at approximately 48-49 points, well below the 75-point threshold that typically signals the start of a confirmed altcoin season. This suggests that while there may be some movement towards altcoins, Bitcoin's dominance in the market is likely to continue for the time being.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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