After months of decline, 2026 started with an uptrend, and Bitcoin (BTC) briefly climbed above $93,000.
While this rise was limited, it also affected altcoins, and CryptoQuant highlighted 3 altcoins to watch in early 2026.
A CryptoQuant analyst said that Binance’s latest net flow data signals a short-term bullish outlook for the three altcoins.
According to Binance Flows data, three altcoins—Enjin (ENJ), AMP, and Smooth Love Potion (SLP)—experienced significant negative net inflows (i.e., capital outflows).
This generally means that selling pressure decreases and the likelihood of a short-term price increase increases.
“ENJ, AMP, and SLP are leading the chart this week with the highest negative net flows.”
This means that these altcoins are not entering Binance, but rather leaving it.
Historically, strong and sustained Binance outflows have meant decreased selling pressure and generally short-term upward movement, especially in low-liquidity environments.
Finally, the analyst noted that Binance, as a platform dominating spot trading volume, reflects its actual market positioning rather than speculation in its capital flows.
*This is not investment advice.
