CryptoQuant: Binance platform currency transactions rose to 60 per cent and BTC fell to 22 per cent

On 4 August, according to CryptoQuant statistics, the current volume of bitcoin transactions in Binance and other mainstream trading platforms has fallen to a low level, close to the end of Bear City in 2023, indicating a decline in market interest in BTC. The data show that during May, bitcoin dominated the Binance trade, accounting for nearly 40 per cent of the trade, while it was relatively low. Today, the structure of market transactions has changed, with over 60 per cent of the trade in Yamaya currency, 22 per cent in bitcoin, and about 18 per cent in the southeast. Analyst Darkfost states that bitcoin prices have been subject to limited volatility for weeks, that the market is entering a "silent phase" and that some investors are beginning to turn to stale currencies in an attempt to capture trading opportunities in the current low volatility environment. According to the analysis, some investors are betting on the future of BTC, as most of these currencies have previously experienced a larger return than those of TTcos. However, such strategies are risky and require careful management by investors。