Analyst: The single-day trading volume of altcoin contracts on Binance platform exceeded US$100 billion, which may indicate the return of retail funds to the market
CryptoQuant analyst Maartunn wrote that the daily trading volume of altcoins on the Binance contract platform soared to $100.7 billion, the highest level since February 3, 2025. This marks a significant recovery in market heat after five months of relatively sluggish trading activity as Bitcoin breaks through all-time highs. While bitcoin trading volume remained stable, altcoin activity rose sharply. Altcoins now account for 71% of Binance contract volume, meaning nearly three-quarters of contract volume comes from altcoins rather than bitcoins. A surge in altcoin trading volume usually means that retail money is returning to the market, which often occurs shortly after Bitcoin breaks through historical highs.
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