- Traders are moving away from leverage toward spot trading after the October 10 crash, signaling a shift to safer strategies.
- Binance strengthens its dominance as daily Bitcoin spot volumes double post-October 10, reflecting renewed investor confidence.
- Binance’s delisting of low-volume pairs aims to enhance liquidity and ensure a stable, efficient trading environment for users.
The crypto market is shifting after the intense liquidation event on October 10. The crash wiped out heavily leveraged positions, triggering a chain reaction of forced liquidations. Consequently, many traders have abandoned risky margin plays and are now turning back to spot trading.
According to CryptoQuant, “Historically, market cycles have shown that phases of spot accumulation often precede structural recoveries.” This means the growing interest in buying and holding actual crypto might be the first sign of a market comeback. So, investors are now being more careful, choosing steady and reliable strategies instead of risky trading bets.
Binance Dominates Spot Trading Activity
Binance continues to dominate the global spot market. The exchange has now recorded a massive $180 trillion in total cumulative Bitcoin spot trading volume. Moreover, this surge highlights its solid position as the leading platform for BTC transactions. When compared to early September, the difference is remarkable.
At that time, daily BTC spot volumes ranged between $3 billion and $5 billion. However, since October 10, volumes have risen significantly, now ranging between $5 billion and $10 billion per day. This sharp growth reveals a renewed interest in direct asset trading and a cautious yet confident return of traders.
Binance’s Routine Market Adjustments
Additionally, Binance announced plans to delist four trading pairs on October 24 after a periodic market review. The affected pairs include A/FDUSD, AXS/BNB, GALA/BTC, and PNUT/BRL. The exchange explained that the decision ensures better liquidity and trading efficiency.
Users can still trade these assets in other active markets. Binance also confirmed that Spot Trading Bots connected to these pairs will close automatically at delisting time to prevent potential disruptions. Moreover, the company emphasized that such adjustments are part of its regular performance and risk assessments designed to maintain a stable trading environment.
