ALT transfer volume is running 18.9x above its own baseline right now, flagging an extreme attention spike.
On-chain activity has jumped to 18.9 times the normal level over the last hour, with 26 distinct transfers moving roughly $290.7K. That pace cleared the "on fire" threshold, meaning both the spike versus baseline and the minimum raw activity are present.
MAIN THESIS
When volume diverges this sharply from an asset's typical pattern, it suggests something is pulling eyes toward the chain, whether accumulation, distribution, or protocol-level activity. The signal here is the break from routine, not the direction of the next candle.