Binance Altcoin Volume Surges to 60% as BTC Share Drops to 22%

Binance trading structure shifts with altcoins capturing 60% volume, while Bitcoin's share falls to 22% and Ethereum holds 18%, reflecting reduced BTC interest.

Woofun AI data shows that Bitcoin spot trading volume on Binance and major exchanges has declined to levels nearing the end of the 2023 bear market. In May, Bitcoin accounted for nearly 40% of Binance volume, but the current market structure has shifted significantly. Altcoin trading volume now represents over 60% of the total, with Bitcoin’s share dropping to 22% and Ethereum at approximately 18%.

Darkfost noted that Bitcoin’s price stability has created a "boring stage", prompting some investors to seek opportunities in altcoins amid low volatility. Analysts suggest that because many altcoins have experienced sharper pullbacks than Bitcoin, some traders are positioning for potential outperformance, though this strategy involves higher risks and requires careful position management.