CryptoQuant analysts (AxelAdlerJr) are observing a steady inflow of new participants into the crypto market. The share of young coins continues to grow but remains well below the critical levels that have historically triggered large-scale profit-taking. This may indicate further upside potential within the current bullish momentum.
Indicator Still Far from Peaks
In July 2025, the share of new investors reached 30% — still twice as low as the overheating levels recorded earlier: 64% in March 2024 and 72% in December 2024. Back then, the rise in this metric was accompanied by local price tops, followed by increased selling from long-term holders. Today, the trend remains upward: cumulative activity from young coins has been rising since July 2024, but according to experts, the market is still far from entering an “euphoria zone.”
Experienced Holders Are Selling Cautiously
The selling index for old coins remains stable: a ratio of 0.3 indicates that demand from new participants continues to exceed moderate supply from long-term holders. This creates a balance between buying and selling pressure. So far, there is no sign of a large-scale exit by “old wallets.”
Correction Risk Is Not Immediate
According to CryptoQuant, historically significant profit-taking tends to begin when the index enters the 0.6-0.7 range. There is still room before reaching those levels. For now, the market structure remains typical of the final stage of a bull cycle, where new capital continues to flow in and major players have not yet started offloading their assets aggressively.
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This post is for informational purposes only and does not constitute advertising or investment advice. Please conduct your own research before making any financial decisions.
