TechFlow News, March 21: CryptoQuant analyst Darkfost noted in a post that data shows a sharp decline in altcoin spot trading volumes across major exchanges compared to more active periods. Currently, Binance’s altcoin trading volume stands at approximately $7.7 billion, while other major exchanges combined account for roughly $18.8 billion—far below the peak levels observed in October 2025 and February, when Binance’s volume reached $40–50 billion and other exchanges collectively recorded $63–91 billion. In relative terms, Binance currently accounts for about 40% of global altcoin trading volume.
The analysis points out that these volume peaks coincided precisely with阶段性 tops in the crypto market; at those times, FOMO-driven retail participation surged, enabling early-positioned investors to exit profitably amid heightened demand. In the current environment, persistent geopolitical tensions are suppressing market risk appetite, and altcoins continue to underperform relative to Bitcoin. The analysis also notes that historically, periods of low market interest—when most investors adopt a wait-and-see stance—often represent the most attractive entry windows.
