Binance Wallet Liquidation Booms Thanks to Alpha Campaign: Wallet Platform Becomes the New Money Focus

This article is machine translated
Show original

📊 Capital Flow Suddenly Explodes: No Longer a Quiet Game

On June 14th, many on-chain investors were startled when the 24-hour volume on Binance Wallet unexpectedly exceeded $5.9 billion – a growth level never before recorded in the platform's history. In a market context that is almost "flat" in price, with the memecoin wave gradually weakening, this is a strange phenomenon, containing many hidden implications behind each swap click.

What is driving the aggressive shift in liquidation flow, turning a wallet product – typically seen as a "support tool" – into the center of attention?

🚀 Volume Growth - A Leap Beyond the Old Meta

On-chain reports show that the total number of daily transactions through Binance Wallet increased nearly 3 times in just one week, pulling the total TVL of Binance Wallet to a peak of $430 million – 42% higher than the previous month. Not only increasing in quantity, but the average value of each transaction also improved significantly, implying that native players are moving real capital directly on the wallet platform.

  • Before the Alpha campaign: Average volume of 1.5-1.9 billion USD/day
  • After launching Alpha: Volume exploded to 5-6 billion USD/day
  • Social trackers: Hashtag about Binance Wallet reached viral top 3 on Twitter crypto Asia for three consecutive days

It's not just a simple increase in transaction volume, but the cross-chain swap feature integrated with all EVMs has helped Binance Wallet score points, elevating the experience story to a new level. Truly: "It's not just a platform change, this is a meta change."

[The translation continues in the same manner for the rest of the text, maintaining the specified translations for technical terms and preserving the structure of the original document.]

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
3
Add to Favorites
1
Comments