Altcoins dominate 71% of Binance Futures trading volume, signaling a shift from Bitcoin. Over 32,000 BTC entered exchanges, hinting at profit-taking and potential altcoin rotation. TRX leads altcoin momentum, decoupling from BTC early, in a fragmented altseason focusing on strong or hyped tokens. Daily trading volumes on Binance Futures hit $100.7 billion, the highest since Feb. 3, as Bitcoin’s new highs drive retail interest towards altcoins. Altcoins now make up 71% of total trading volume on Binance Futures. On the spot market, Binance handles $24 billion of the $57.6 billion total altcoin volume across centralized exchanges. Bitcoin sees significant net exchange inflows of over 32,000 BTC, suggesting profit-taking and potential altcoin rotation. Increased BTC inflows may lead to higher market volatility, potentially fueling the ongoing altcoin rally. Tron (TRX) emerges as an early indicator of a selective altseason, decoupling from Bitcoin and showing consistent outperformance since March. With 43.4 million token contracts deployed, the upcoming altseason may favor only a limited set of substantial or hype-driven assets.

Read more at Cointelegraph: Altseason Surges On After Binance Futures Volume Hits $100B