{"id":25284,"date":"2025-07-12T14:20:21","date_gmt":"2025-07-12T11:20:21","guid":{"rendered":"https:\/\/forklog.com\/en\/santiment-signals-the-onset-of-altcoin-season\/"},"modified":"2025-07-12T14:20:21","modified_gmt":"2025-07-12T11:20:21","slug":"santiment-signals-the-onset-of-altcoin-season","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/santiment-signals-the-onset-of-altcoin-season\/","title":{"rendered":"Santiment Signals the Onset of Altcoin Season"},"content":{"rendered":"

Market data suggests the beginning of an altcoin season, though there are concerning signals. This was reported<\/a> by Santiment experts.<\/p>\n

Bitcoin has reached a new all-time high at over $118,000<\/a>. Against this backdrop, most leading cryptocurrencies have outperformed the flagship in price dynamics over the past seven days.<\/p>\n

\"Cryptocurrency
Data: CoinGecko<\/a>.<\/figcaption><\/figure>\n

The largest Ethereum wallets (holding 10,000 ETH or more) have collectively accumulated 75.74% of the total coin supply. This is the highest level of asset concentration among whales since May 2017, and it serves as a “strong bullish signal,” noted the company’s experts.<\/p>\n

The number of XRP wallets holding more than 1 million coins has reached a record high of 2,743. The volume of cryptocurrency they own has also increased. Both trends are “very positive signs” for Ripple’s asset, Santiment emphasized.<\/p>\n

According to analysts, the altcoin season will continue as long as Bitcoin remains above the key psychological level of $110,000. In such a situation, traders are comfortable redistributing profits from the rise of digital gold into other coins, they added.<\/p>\n

Experts Advise Caution<\/h2>\n

One concerning signal is the MVRV<\/a> metric for Bitcoin. The market price to realized value ratio of the asset has already surpassed the level recorded in May during the previous ATH, which was followed by a correction.<\/p>\n

\"19c5f8150d9ecdbdd748af260de88179dbf1762dc4de1b8c5047836d8649d951_1752265202505_chrome_2025-07-11_16-19-54\"
Data: Santiment.<\/figcaption><\/figure>\n

Santiment also highlighted the leadership in weekly growth within the meme coin segment \u2014 up 17%. This potentially indicates the final stage of the market rally, experts believe.<\/p>\n

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“When speculative assets lead the market, it may indicate that greed is peaking,” they noted.<\/em><\/p>\n<\/blockquote>\n

For Ethereum, a concerning signal is the extremely optimistic sentiment regarding the asset. Typically, this indicates the approach of a short-term price peak, Santiment stated.<\/p>\n

The altcoin season index from CoinMarketCap stands at 27. This value indicates that traders still prefer Bitcoin.<\/p>\n

\"Crypto
Data: CoinMarketCap.<\/figcaption><\/figure>\n

The dominance of the leading cryptocurrency is 62.5%. Analyst Matthew Hyland noted that despite this, altcoins have shown impressive growth. However, the real rally will begin after Bitcoin’s dominance falls to 45%, he is convinced.\u00a0<\/p>\n

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BTC dominance hasnt even sneezed and Alts are ripping<\/p>\n

What do you think happens if it drops from 65 to 45\u2026. https:\/\/t.co\/4842K3saM2<\/a><\/p>\n

\u2014 Matthew Hyland (@MatthewHyland_) July 11, 2025<\/a><\/p><\/blockquote>\n