CryptoQuant analyst: Binance platform's altcoin contract daily trading volume exceeds $100 billion, may indicate the return of retail funds to the market

On July 22nd, CryptoQuant analyst Maartunn reported that the daily trading volume of altcoins on the Binance contract platform surged to $100.7 billion, the highest level since February 3, 2025. This marks a significant rebound in market heat as Bitcoin breaks through historical highs after five months of relatively sluggish trading activity. Although the trading volume of Bitcoin remains stable, the activity of altcoins has significantly increased. At present, altcoins account for 71% of the total trading volume of Binance contracts, which means that nearly three-quarters of the contract trading volume comes from altcoins, not Bitcoin. The surge in trading volume of altcoins usually means that retail funds are returning to the market, which often occurs shortly after Bitcoin breaks through historical highs