Binance’s retail trading activity has reached 89.6%, indicating significant insights into user engagement and market trends.

Binance’s impressive 89.6% dominance among retail users showcases significant activity from smaller wallets on its platform. Despite recent challenges like the AWS outage and ongoing regulatory talks, retail confidence in Binance is still robust. As reported by CryptoQuant, the retail dominance index for Binance is currently an astonishing 89.6%. This goes beyond being merely a number. The data indicates that most of the funds entering the platform are sourced from small wallets that belong to individual users. Neither from whales nor from major organizations. If you’re someone new to cryptocurrency, you’re in good company, as most users in the Binance community are in a similar position. Source: CryptoQuant. Minor user engagement continues to be prevalent on Binance. Visualize a cryptocurrency exchange like Binance as a vibrant night market. In this situation, nearly all of its patrons are everyday individuals who make small-scale purchases.