{"id":91266,"date":"2025-11-21T13:32:08","date_gmt":"2025-11-21T10:32:08","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91266"},"modified":"2025-11-21T13:36:49","modified_gmt":"2025-11-21T10:36:49","slug":"altcoins-share-of-binance-trading-jumps-to-60","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/altcoins-share-of-binance-trading-jumps-to-60\/","title":{"rendered":"Altcoins\u2019 share of Binance trading jumps to 60%"},"content":{"rendered":"<p>Trading on Binance has shifted towards altcoins, which now account for 60% of turnover at the largest crypto exchange, according to CryptoQuant analyst maartunn.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">60% of the Trading Volume on Binance is on Altcoins<\/p>\n<p>\u201cThis data reflects where actual trading activity is happening, and right now, it&#8217;s heavily concentrated outside the majors.\u201d \u2013 By <a href=\"https:\/\/twitter.com\/JA_Maartun?ref_src=twsrc%5Etfw\">@JA_Maartun<\/a> <a href=\"https:\/\/t.co\/Hhp637LIh0\">pic.twitter.com\/Hhp637LIh0<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/1991788781477990444?ref_src=twsrc%5Etfw\">November 21, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He said the level is the highest since the start of 2025.<\/p>\n<p>Bitcoin and Ethereum together make up about 20%. Historically, such a split has signalled rising speculative activity, the analyst noted.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cHowever, both the first cryptocurrency and many altcoins are displaying high volatility. This may indicate that traders are either exploiting the swings for short-term trades or betting on the rise of specific coins,\u201d maartunn concluded.<\/em><\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">Beating bitcoin<\/h2>\n<p>According to the analyst known as Darkfost, amid the ongoing correction some altcoins have fallen back to bear\u2011market levels. Still, they are \u201cholding up better than bitcoin\u201d.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udcca Altcoins have taken a heavy hit lately, with some even dropping back to their bear market levels.<\/p>\n<p>Still, I\u2019m noticing that they\u2019re holding up better than BTC right now. <br \/>You can clearly see it when comparing market cap trends between BTC, large caps, and mid\u2013small caps.\u2026 <a href=\"https:\/\/t.co\/Ag4q5Ek1Ye\">pic.twitter.com\/Ag4q5Ek1Ye<\/a><\/p>\n<p>\u2014 Darkfost (@Darkfost_Coc) <a href=\"https:\/\/twitter.com\/Darkfost_Coc\/status\/1991614756906758253?ref_src=twsrc%5Etfw\">November 20, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Many mid- and small-cap coins have fallen less than the first cryptocurrency.<\/p>\n<p>At the time of writing, the market value of digital gold stands at $1.6trn, with all other assets combined at $1.3trn. The total slid 8.2% on the day, dropping below $3trn.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"314\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-0f73511971dc4b81-10113692605637476-1024x314.png\" alt=\"image\" class=\"wp-image-270197\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-0f73511971dc4b81-10113692605637476-1024x314.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-0f73511971dc4b81-10113692605637476-300x92.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-0f73511971dc4b81-10113692605637476-768x236.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-0f73511971dc4b81-10113692605637476-1536x471.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-0f73511971dc4b81-10113692605637476.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u0418\u0441\u0442\u043e\u0447\u043d\u0438\u043a: <a href=\"https:\/\/www.coingecko.com\/en\/charts\">CoinGecko<\/a>.\u00a0<\/figcaption><\/figure>\n<p>Over the past 24 hours the biggest losses were in Ethereum, <a href=\"https:\/\/forklog.com\/en\/news\/what-is-solana-sol\">Solana<\/a> and Dogecoin, down 9.5%, 10.5% and 10.4% respectively. Bitcoin fell 8.9% over the same period.<\/p>\n<p>On a weekly basis many coins have fared better than digital gold. For example, over the past seven days <a href=\"https:\/\/forklog.com\/en\/news\/what-is-tron-trx\">TRON<\/a> is down 5.4%, versus 13.7% for the first cryptocurrency.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"628\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-e983267e781c60a7-10113707778935584-1024x628.png\" alt=\"image\" class=\"wp-image-270198\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-e983267e781c60a7-10113707778935584-1024x628.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-e983267e781c60a7-10113707778935584-300x184.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-e983267e781c60a7-10113707778935584-768x471.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-e983267e781c60a7-10113707778935584-1536x942.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-e983267e781c60a7-10113707778935584.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u0418\u0441\u0442\u043e\u0447\u043d\u0438\u043a: <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.\u00a0<\/figcaption><\/figure>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/what-are-privacy-coins\">Privacy coins<\/a> have also stood out, moving against the broader market for weeks. Thus, <a href=\"https:\/\/forklog.com\/en\/news\/zcash-price-surges-700-amid-rising-demand-for-privacy\">Zcash prices rose<\/a> 30% over the past 30 days.<\/p>\n<p>At the time of writing ZEC trades at $654 (-2.3% on the day).<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"597\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-8928b45af85bc5c7-10113722270702356-1024x597.png\" alt=\"image\" class=\"wp-image-270199\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-8928b45af85bc5c7-10113722270702356-1024x597.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-8928b45af85bc5c7-10113722270702356-300x175.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-8928b45af85bc5c7-10113722270702356-768x447.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-8928b45af85bc5c7-10113722270702356-1536x895.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-8928b45af85bc5c7-10113722270702356.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u0427\u0430\u0441\u043e\u0432\u043e\u0439 \u0433\u0440\u0430\u0444\u0438\u043a ZEC\/USDT \u0431\u0438\u0440\u0436\u0438 Binance. \u0418\u0441\u0442\u043e\u0447\u043d\u0438\u043a: <a href=\"https:\/\/ru.tradingview.com\/chart\/atJ4mYHE\/?symbol=BINANCE%3AZECUSDT\">TradingView<\/a>.\u00a0<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">What next for bitcoin?<\/h2>\n<p>On November 21 the price of digital gold <a href=\"https:\/\/forklog.com\/en\/news\/fear-and-panic-bitcoin-falls-below-85000-for-the-first-time-since-april\">fell<\/a> to $82,000 \u2014 the lowest since April. At the time of writing it trades around ~$82,200.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"597\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f1d61b93d43d59c8-10113737819442203-1024x597.png\" alt=\"image\" class=\"wp-image-270200\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f1d61b93d43d59c8-10113737819442203-1024x597.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-f1d61b93d43d59c8-10113737819442203-300x175.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-f1d61b93d43d59c8-10113737819442203-768x448.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-f1d61b93d43d59c8-10113737819442203-1536x896.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-f1d61b93d43d59c8-10113737819442203.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">\u0427\u0430\u0441\u043e\u0432\u043e\u0439 \u0433\u0440\u0430\u0444\u0438\u043a \u0412\u0422\u0421\/USDT \u0431\u0438\u0440\u0436\u0438 Binance. \u0418\u0441\u0442\u043e\u0447\u043d\u0438\u043a: <a href=\"https:\/\/ru.tradingview.com\/chart\/atJ4mYHE\/?symbol=BINANCE%3ABTCUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Glassnode analysts noted that bitcoin has broken below the average price of active investors. The next target is $81,900.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Breaking below the Active Investors Mean, the next key cost-basis is the True Market Mean. <\/p>\n<p>True Market Mean: $81.9K<\/p>\n<p>\ud83d\udcc9 <a href=\"https:\/\/t.co\/60PCc4QueH\">https:\/\/t.co\/60PCc4QueH<\/a> <a href=\"https:\/\/t.co\/HxSljVLKHW\">https:\/\/t.co\/HxSljVLKHW<\/a> <a href=\"https:\/\/t.co\/g3Bv8tfIX5\">pic.twitter.com\/g3Bv8tfIX5<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/1991636743511240738?ref_src=twsrc%5Etfw\">November 20, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The first cryptocurrency is at its most oversold in more than two years.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin most oversold in over 2 years <a href=\"https:\/\/t.co\/0le3gNGK7f\">pic.twitter.com\/0le3gNGK7f<\/a><\/p>\n<p>\u2014 zerohedge (@zerohedge) <a href=\"https:\/\/twitter.com\/zerohedge\/status\/1991564691798425696?ref_src=twsrc%5Etfw\">November 20, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>CryptoQuant CEO Ki Young Ju <a href=\"https:\/\/x.com\/ki_young_ju\/status\/1991638243809570860\">emphasised<\/a> that, technically, the bull phase ended earlier this year when bitcoin breached $100,000. To form a cyclical bottom, the cryptocurrency would need to revert to its realised price around $56,000.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cHowever, given that players like Strategy are unlikely to start selling their assets, and their coins are effectively withdrawn from the market, I doubt we\u2019ll see bitcoin at $56,000,\u201d he added.<\/em><\/p>\n<\/blockquote>\n<p>In his view, in general the bull market has <a href=\"https:\/\/x.com\/ki_young_ju\/status\/1991640661247107132\">not ended yet<\/a>. Only select on-chain indicators suggest otherwise. Macro conditions could reverse the trend at any moment, as they did earlier this year.<\/p>\n<p>Ki <a href=\"https:\/\/x.com\/ki_young_ju\/status\/1991805934398796225\">believes<\/a> that, given current price trends, bitcoin is unlikely to stage a convincing recovery over the next 3\u20136 months. A return of liquidity to the market is needed to start a new leg higher.<\/p>\n<p>Earlier, Wintermute analysts <a href=\"https:\/\/forklog.com\/en\/news\/wintermute-analysts-identify-causes-of-cryptocurrency-market-stagnation\">pointed out<\/a> the importance of this factor, noting that a resumption of the uptrend requires increased inflows into <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETFs<\/a> and purchases by crypto treasuries. Specialists at The Kobeissi Letter <a href=\"https:\/\/forklog.com\/en\/news\/charles-hoskinson-finds-trumps-impact-on-crypto-underwhelming\">share the same view<\/a>.<\/p>\n<p>Earlier, Glassnode experts <a href=\"https:\/\/forklog.com\/en\/news\/glassnode-identifies-key-level-signaling-bear-market-phase\">identified<\/a> the level that would confirm a bear phase of the market.<\/p>\n<p>Previously they <a href=\"https:\/\/forklog.com\/en\/news\/glassnode-pinpoints-threshold-to-halt-the-bear-trend\">said<\/a> that bulls must return the price of the first cryptocurrency as soon as possible to a level at which 75% of coins are in profit \u2014 only this has historically halted a trend reversal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trading on Binance has shifted towards altcoins, which now account for 60% of the exchange\u2019s turnover.<\/p>\n","protected":false},"author":1,"featured_media":91267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Altcoins now make up 60% of Binance trading volume, per CryptoQuant.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[20,744,18,1138],"class_list":["post-91266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-altcoins","tag-binance","tag-bitcoin","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"170","promo_type":"1","layout_type":"1","short_excerpt":"Altcoins now make up 60% of Binance trading volume, per CryptoQuant.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=91266"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91266\/revisions"}],"predecessor-version":[{"id":91268,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91266\/revisions\/91268"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/91267"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=91266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=91266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=91266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}