Analysis: Spot traders shift to altcoins, altcoin trading volume reaches nearly 4 times that of Bitcoin

BlockBeats news, September 28: Glassnode stated in a post that spot traders are shifting to the altcoin market, with total altcoin spot trading volume now nearly 4 times that of Bitcoin, reaching its highest level since September 2025.

Glassnode further stated that traders' demand for higher-risk assets typically coincides with local phased tops in Bitcoin.