Altcoins is taking over Binance Futures. Encrypted data shows a significant change in trading behavior on Binance, with Altcoins currently dominating the platform’s futures market.
According to the latest report from the Crypto Market Analytics company, Altcoins currently accounts for 82.3% of Binance futures trading volume, a record high.
Cryptoquant analysts emphasize that Altcoin Trading wasn’t as dominant as Altcoin Trading when Altcoin activity peaked at 76% during the Altcoin season in May. Today’s numbers show how much attention Altcoins is attracting, reaching levels the market has never seen before.
Tokens such as XPL, ASTR, SOL, and POMP attract large trading activities, and investors appear to prioritize bitcoin futures in order to pursue greater profits. Aster (ASTR) alone jumped 250% in just a week, highlighting the powerful momentum driving the AltCoin market today.
Bitcoin Netflow Drop
Bitcoin’s Binance Netflow has dropped to -311 BTC. This means that more Bitcoin is leaving the exchange than you enter. This suggests that investors are holding Bitcoin rather than selling, reducing market pressure.
Historically, the signal tends to appear just before prices go up, suggesting potential buying opportunities for traders, crypto banishment analysts said. “In short, Binance’s Netflow is very negative → a bullish sign in the market.”
Why is this important?
The surge in Altcoin trading combines with Bitcoin to boost investors’ confidence and show a decline in sales pressure. Historically, these patterns have often preceded the upward trend.
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People ask:
According to Cryptoquant, Altcoins currently accounts for more than 82% of Binance futures trading volume. Traders appear to support altcoins over bitcoin futures, seeking stronger momentum and potential profits.
During AltSeason, traders often shift their focus from Bitcoin to Altcoins, increasing market liquidity and volatility. This can create short-term trading opportunities, but it is risky.
yes. Historically, high Altcoin activity coincides with a period of bull market sentiment, suggesting investor confidence and potential upward trends across crypto markets.
When investors hold Bitcoin instead of selling on exchanges (HODL), sales pressure decreases. This often coincides with a stronger interest in altcoins and promotes momentum for the alto season.