Altcoin markets remain under heavy pressure, with many assets down 70–80%, but recent data shows a notable shift in where trading activity is flowing.
Trader Behavior Shift
According to data from CryptoQuant, altcoin inflows spiked to around 34,000 on Apr. 2, the highest in 2.5–3 months, but unusually, this surge was concentrated almost entirely on Binance rather than spread across multiple exchanges.
This concentration suggests a shift in trader behavior.
One key reason is Binance’s expansion into traditional finance (TradFi) futures, including contracts tied to commodities like oil, natural gas, gold, and silver.
As trading volume in these assets increases, it …