Altcoin Exchange Deposit Count Jumps 160% in Two Weeks: CryptoQuant

Deposit counts and depositing addresses are flow metrics, not price signals, so the 160% jump matters mainly as a shift in holder behavior: coins moving onto exchanges is a precondition for selling, not proof of it. The detail that both transactions and unique addresses rose suggests broader participation rather than a few large transfers, which would be the more benign explanation. Whether this resolves into actual distribution or reverses as deposits are withdrawn is the open question, and the absence of a comparable price move in the item leaves the intent unresolved.