According to tweet data from Larry Cermak (@lawmaster), only four of the 429 spot assets listed on the Binance Exchange were trading at higher prices than before the recent market crash. The four best performing assets were: Zcash (up 17%), RDNT (up 15%), Succinct (up 12%) and Morpho (up 3%). The remaining 425 asset prices all fell to varying degrees.
According to data from CryptoQuant, the active level of retail investors on the Binance platform is picking up again.
On-chain analyst Ali revealed that 64% of futures traders on the Binance platform are betting on a rise in the price of BTC.
On November 23rd at around 22:30, the WBTC/USDT trading pair on the Binance platform experienced a flash crash, causing the price to return to normal levels after briefly falling to $5,209. The 15-minute trading volume skyrocketed from less than 1 WBTC per day to 88.6 WBTC.
"I don't think anyone can win over the leaders of the artificial intelligence cult for long, so I'm betting that GOAT will be like a black hole sucking up more and more capital. It will only get better," Nachi, a Binance trader, wrote in a reply on the X platform.