Data: 38% of Altcoins Near Historical Lows, Marking Largest Drawdown Since FTX Collapse

Odaily News Darkfost posted on X platform stating that 38% of altcoins are near historical lows, worse than the post-FTX period. The overall environment remains unfavorable for risk-taking, with the first sector affected being the cryptocurrency market, especially altcoins. Current market liquidity remains fragile, with more funds flowing into more volatile stocks or commodities. This indicator shows that altcoins are still under pressure, representing the largest drawdown for altcoins in this cycle. For comparison, this indicator was 35% in April 2025 and 37.8% after the FTX collapse. The chart clearly illustrates the current state of altcoins; investors remain cautious and continue to lose interest in altcoins. However, it is precisely when conditions significantly deteriorate that opportunities also begin to emerge.