CryptoQuant says Binance’s spot trading volume has again risen above the combined volume of all other cryptocurrency exchanges, a pattern it describes as rare and one that also appeared during previous volatility spikes. The post says the move came alongside a sharp market correction, when bitcoin briefly fell from about $96,000 to $90,000 and Binance’s share of spot volume jumped as traders concentrated activity on the exchange. The key context is that Binance already leads the centralized exchange market, but the report argues its dominance widened because trading volume on other venues fell faster. CryptoQuant’s earlier-backed data cited by Binance says Binance’s share of bitcoin spot volume rose from 33% to 49% and altcoin share from 38% to 44% by the end of the first quarter, with Binance even surpassing all other exchanges combined during the February 24–26 selloff. That matters because elevated spot volume on a single venue can signal concentrated liquidity, large trader participation, and institutional-style flow during volatile periods, which often shapes short-term crypto price momentum.

AI-generated background, compiled from web sources — not editorial content.

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