Analysis: The trading volume of altcoins has decreased by 50%, with funds flowing back to Bitcoin

CryptoQuant analyst Darkfost stated that after a significant pullback, Bitcoin is currently consolidating in the range of $72,000 to $65,000. This range is active with a large number of whales, long-term holders, and even institutional investors. During deep pullbacks or the later stages of a bear market, investors typically rotate funds back into Bitcoin while reducing their allocation to altcoins. In this round of pullback, the impact on altcoin trading volume has been the most pronounced. Compared to the high of 59.2% of Binance's total trading volume in November, its share has dropped to 33.6% on February 13, with trading activity nearly reduced by 50%. This pattern has also appeared in previous pullback phases, including around April 2025, August 2024, and near the end of the bear market in October 2022. During periods of market uncertainty and rising pressure, Bitcoin's trading volume share tends to increase. In such an environment, investors naturally tend to flow back into BTC, further reinforcing its position as a safe haven for funds and the core benchmark asset of the market.