Binance's 87% altcoins hit the 200 day moving average, with a total market value inflow of $371 billion

On chain analyst Darkfost stated that since June 2026, the total market value of altcoins, including ETH, has attracted a cumulative inflow of $371 billion, an increase of approximately 45%. Currently, 87% of the altcoins on Binance have reached the 200 day moving average, while in August, about 80% of the altcoins were below this average. Darkfost believes that funds are concentrated in altcoins, and there are signs of market sentiment overheating.