Analyst: Altcoin CEX Trading Volume Plummets, Investor Interest Continues to Decline

Odaily News Cryptoquant analyst Darkfost wrote that the trading volume of altcoins on Binance and other major exchanges has dropped significantly, reflecting a clear weakening of investor interest. Although the bear market has persisted, altcoins still lag significantly behind Bitcoin. Currently, altcoin trading volume on Binance is approximately $77 billion, while other major exchanges combined total about $188 billion, far below the active trading period from October 2025 to February. During that time, Binance's volume ranged between $400–500 billion, and other exchanges were around $630–910 billion.

Relatively speaking, Binance currently accounts for about 40% of the total altcoin trading volume, meaning nearly one out of every two dollars in altcoin trading is conducted through this platform. Past peaks in trading volume typically occurred during local market highs, associated with FOMO (Fear Of Missing Out) phenomena, serving as liquidity windows for investors to cash out.

Darkfost pointed out that despite the unfavorable market environment, this type of data is still worth monitoring. Historical experience shows that the most attractive investment opportunities often emerge during periods of low market interest, when most investors are on the sidelines.