Binance Alpha Sees Surge in Retail Trading Activity: Average Trade Size Drops

Binance Alpha’s trading activity has experienced a significant surge, with daily volume nearly doubling since August 31. The platform saw a peak of 61.3 million trades on October 2nd, driven largely by retail participation. Notably, the average trade size decreased from $424 to $247 during this period, indicating a growing presence of smaller retail traders. Despite this change in trade size, total daily trading volume has increased dramatically, exceeding $10 billion in October compared to under $2 billion in June.