Doctor Profit exits altcoins after ONDO sale delivers 73% profit

  • Doctor Profit sold ONDO and closed HBAR as altcoin trading activity intensified.
  • Altcoin spot volume reached four times Bitcoin’s, while Total2 gained 45% since June 2026.
  • Kalshi told the CFTC its Volume Incentive Program could end no earlier than Oct. 13.

Doctor Profit has taken profits from altcoin positions as leverage and trading activity rise across the market. Altcoin spot volume is now four times Bitcoin’s, while 87% of listed altcoins on Binance trade above their 200-day moving averages. He sold ONDO at a 73% profit, closed HBAR for a smaller gain and is watching XRP for a better entry rather than buying immediately. He opened a Bitcoin short at $86,200 and placed additional orders between $86,500 and $89,500, while remaining broadly bullish and identifying a possible pullback toward $79,000 near the 50-week moving average. Total2, which tracks the altcoin market capitalization including Ethereum, has received more than $371 billion in inflows since June 2026, a 45% increase. Exchange data also showed weekly altcoin deposit transactions above 22,700 on Binance, 8,300 on Coinbase and about 32,000 across other platforms. Separately, Kalshi told the Commodity Futures Trading Commission that its broad Volume Incentive Program will end no earlier than Oct. 13, 2026, well before its scheduled Oct. 1, 2027 expiration. The platform is introducing targeted deposit and trading promotions as market participants assess whether rising volumes reflect durable demand, leverage or incentives.

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