Analysis: Shitcoin Volume Drops by 50%, Funds Flow Back into Bitcoin

BlockBeats News, February 18th, CryptoQuant analyst Darkfost stated, "After experiencing a sharp correction, Bitcoin is currently consolidating in the range of $72,000 to $65,000. Within this range, there are a large number of whales, long-term holders, and even institutional investors. During a deep retracement or late bear market stage, investors usually rotate funds back to Bitcoin while reducing their allocation to altcoins."

During this round of correction, altcoin trading volume has been most affected. Compared to the peak in November when altcoins accounted for 59.2% of Binance's total trading volume, their share had dropped to 33.6% by February 13th, with trading activity nearly halved. This pattern has also occurred in previous correction stages, 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 dominance tends to increase. In this environment, investors naturally gravitate towards BTC, further strengthening its status as a safe haven asset and the market's core benchmark asset."