Glassnode: By the end of October, most recent buyers of altcoins have exited at a loss, and speculative enthusiasm has noticeably cooled.

November 10th, according to Glassnode data, in late September, when Bitcoin's price approached $87,100, about 80% of the more than 300 tokens tracked still allowed recent buyers (holding for less than 155 days) to sell at a profit; but by the end of October, this proportion had dropped to about 12%, with most altcoins' recent buyers beginning to exit with small losses.