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

3 hours ago

**CryptoQuant Analyst: Bitcoin Consolidates as Altcoin Volume Slides** On February 18, CryptoQuant analyst Darkfost stated: “After a sharp correction, Bitcoin is now consolidating between $65,000 and $72,000. This range includes a large number of whales, long-term holders, and even institutional investors. During deep retracements or late bear market phases, investors typically rotate funds back to Bitcoin while cutting altcoin allocations.” Altcoin trading volume has been hit hardest in this correction. On Binance, altcoins’ share of total trading volume dropped to 33.6% by February 13—down from a November peak of 59.2%, with trading activity nearly halved. This pattern has repeated in prior correction phases, including around April 2025, August 2024, and late October 2022 (near the end of the bear market). When market uncertainty rises and pressure mounts, Bitcoin’s trading volume dominance tends to climb. In this environment, investors naturally gravitate toward BTC, further solidifying its status as a safe haven asset and the market’s core benchmark.
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