TechFlow, April 20 — According to the latest report from CryptoQuant, Binance's Retail Dominance Index reached 89.6, while Coinbase's index stood at only 18.3. Bitget recorded a Retail Dominance Index of 50.1, ranking second.
The Retail Dominance Index measures the relative activity and influence of retail investors compared to institutional investors on an exchange. A higher value indicates a larger proportion of retail investors among the exchange's user base, while a lower value suggests the exchange primarily serves institutional clients.
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