Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Binance Altcoin Transactions Soar Fourfold Amid Market Volatility

Guavy AI Editorial Team
Instruments
BTC ETH BNB
Share

According to recent data from CryptoQuant analyst Darkfost, there has been a significant increase in altcoin deposits to centralized exchanges ahead of key market events. This includes Binance, which has seen transactions quadruple compared to July.

The seven-day moving average of altcoin deposit transactions on Binance rose to 31,800, representing an increase of approximately 3.8 times compared to the average of 8,300 transactions last July.

This surge in activity coincided with a strong rise in the cryptocurrency market, with TOTAL3, an indicator that tracks the total market capitalization of cryptocurrencies other than Bitcoin and Ethereum, increasing by over $136 billion during this period.

More on Crypto

Crypto just now

Balancer Proposes Winding Down DeFi Protocol and Distributing $9M to BAL Holders

Crypto just now

Senate Set to Vote on Crypto Regulation Amidst Trump Ties

Crypto 1m ago

Coinbase Expands Onchain Earning to Brazil and Canada

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy