Summary
- It stated that on Binance, altcoin trading accounts for 60% of the total.
- It analyzed that this is the highest level since early 2025.
- It said that periods when the share of altcoin trading rises coincide with increases in speculative trading.
Investors on Binance, the world's largest virtual asset (cryptocurrency) exchange, appear to be increasing their investments in altcoins (virtual assets excluding Bitcoin and Ethereum).
On the 21st (Korea time), CryptoQuant contributor Matune said in a report, "Altcoins make up as much as 60% of Binance's total trading volume," and analyzed, "This is the highest share since early 2025." The trading share of Bitcoin (BTC) and Ethereum (ETH) was 20%.
The contributor explained, "This shows that current actual trading activity is concentrated on altcoins rather than major coins," and "Periods when the share of altcoin trading rises coincide with increased speculative trading in the market."
Uk Jin
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