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Crypto’s next altseason may have fewer winners: Wintermute

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2 outlets - including Crypto-economy and Cointelegraph - are covering this story. TL;DR Institutional Concentration: Wintermute says institutions now generate 72% of OTC spot flow, tightening liquidity and shaping a more selective Altcoin Season. Narrower Token Participation: Institutional clients traded only 24% more un…

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Wintermute Says the Next Altcoin Season Could Produce Fewer Winners
Crypto Economy Jul 31, 11:06 UTC

Wintermute Says the Next Altcoin Season Could Produce Fewer Winners

TL;DR Institutional Concentration: Wintermute says institutions now generate 72% of OTC spot flow, tightening liquidity and shaping a more selective Altcoin Season. Narrower Token Participation: Institutional clients traded only 24% more un…

Crypto’s next altseason may have fewer winners: Wintermute
Cointelegraph Jul 31, 04:46 UTC

Crypto’s next altseason may have fewer winners: Wintermute

Institutional investors accounted for 72% of Wintermute’s spot OTC flow in the first half of 2026 as capital clustered in fewer tokens and altcoin rallies became more selective.