Analysts: Altcoin trading volume on CEXs has declined sharply, and investor interest continues to fall.

Cryptoquant analyst Darkfost points out that altcoin trading volumes on Binance and other major exchanges have plummeted, reflecting a significant decline in investor interest. Despite the ongoing bear market, altcoins are still significantly lagging behind Bitcoin. Currently, altcoin trading volume on Binance is approximately $7.7 billion, while other major exchanges combined total around $18.8 billion, far below the active trading period from October to February 2025, when Binance's volume ranged from $40-50 billion, and other exchanges traded approximately $63-91 billion. Relatively speaking, Binance currently accounts for about 40% of total altcoin trading volume, meaning almost one dollar out of every two dollars of altcoin trading is completed through the platform. Past trading volume peaks typically occurred at local market highs, associated with FOMO (fear of missing out), becoming liquidity windows for investors to cash out. Darkfost notes that despite the unfavorable market environment, this type of data is still worth noting. Historical experience shows that the most attractive investment opportunities often arise during periods of low market interest and when most investors are on the sidelines.