According to BlockBeats news on July 22, CryptoQuant analyst Maartunn stated that 'the daily trading volume of altcoins on the Binance contract platform surged to $100.7 billion, reaching the highest level since February 3, 2025. This marks a significant increase in market activity after five months of relatively low trading volume, as Bitcoin surpassed its historical high.'
Although Bitcoin's trading volume remains stable, the activity of altcoins has surged significantly. Currently, altcoins account for 71% of the total trading volume on Binance contracts, meaning nearly three-quarters of the contract trading volume comes from altcoins, rather than Bitcoin.
The surge in altcoin trading volume typically indicates that retail funds are returning to the market, a situation that often occurs shortly after Bitcoin breaks its historical high.
