An analysis revealed several altcoins recorded stronger outflows than inflows, a pattern often associated with accumulation. At the same time, a group of larger cryptocurrencies saw higher inflows, reflecting contrasting positioning strategies across the digital asset market. An analysis shared by Cryptoquant on June 23 showed a split in positioning on Gate crypto exchange, with select altcoins recording stronger outflows than inflows while other cryptocurrencies attracted increased deposits. The findings were based on the Gate Netflow Heatmap, which tracks inflows and outflows across multiple crypto assets.