More coins from several altcoins have moved onto exchanges lately, pushing prices down as extra stock hits the market. Regular buyers, big custodians and project teams lose reliable liquidity when sell-side depth grows faster than demand. Public ledger data show large transfers for LINK, XRP, Aster, Pi besides SUI, aligning with ten-percent-plus drops and warning of further swings.
The rule is plain: if exchange wallets hold more coins while buyers stay scarce, sellers outnumber buyers and prices fall. Chainlink (LINK) exchange balances climbed from 171 million to 182 million during October, against a hard cap of 1 billion with 678 million already in circulation.
Four out of five of those coins sit at a profit, so owners often sell to lock in gains, capping any rally.
Impact of the rising exchange supply
XRP shows the same strain. Big wallets still add coins—a move that sometimes comes before a rally—but the fresh float on exchanges feeds active selling and limits upside.
Aster felt the hit at once. Its price fell 20 percent right after extra coins arrived, a clear case of surplus stock forcing leveraged positions to close and letting volatility spread.
Pi Network (PI) slid 17 percent for a similar reason. More coins reached the market without strong buy walls, leaving prices exposed to aggressive offers.
SUI faces a persistent supply overhang. It has a 10 billion cap and future release dates keep adding new coins, a weight that pulls on price. Summer 2025 will bring another wave, with unlock calendars showing billions of coins set free on single days—a token unlock is simply the moment when locked coins move into public trading wallets.
Liquidity and price dynamics shift when more coins land on exchanges. Quoted depth can rise, but the chance of heavy selling rises too, translating into sharper price drops during stress. For custodians and market makers. They may need to widen buffers and reset margins when prices fall fast.
Net transfers into exchange wallets usually come right before sales, so teams should monitor those flows closely. While tansparent unlock calendars and allocation lists lower the odds of hidden sales or disclosure breaches.
