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Altcoin rally spreads as exchange deposits rise, flashing overheating warning

Altcoins listed on Binance are showing signs of overheating, with 87 percent trading above their 200-day moving averages, the report said. CoinPost cited CryptoQuant analyst Darkfost as saying the market may be entering a crucial phase after more than $371 billion flowed into the Total2 crypto market-cap metric since June 2026. Weekly average altcoin deposit transactions exceeded 22,700 on Binance and reached 8,300 on Coinbase, the highest since October 2025.