According to Cryptoquant, on June 23, 12 altcoins recorded stronger outflows than inflows on Gate crypto exchange, suggesting potential accumulation activity, while 6 major tokens attracted larger deposits.
Altcoins showing net outflows included VGX, AMP, ZRX, SAND, QNT, YFI, YFF, CHZ, GHST, MANA, JASMY, and COMP. Tokens recording net inflows were 1INCH, LINK, ETH, UNI, AGLD, and FET. The contrasting flow patterns, tracked via Gate Netflow Heatmap, reflect divergent market positioning, with withdrawal activity potentially indicating accumulation while deposits may signal preparation for sales or portfolio rebalancing.