After the cyber attack, Binance's market share fell to its lowest level in 12 weeks
Original headlineSiber saldırı sonrası Binance’in pazar payı 12 haftanın en düşük seviyesine geriledi
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Binance’s share of global spot trading volume fell to about 42% from roughly 48% after the October 29 cyberattack, marking its lowest market share in 12 weeks as billions of dollars in assets exited the exchange. Rivals OKX and Coinbase gained share during the same period. The shift matters because it signals that traders are diversifying venue exposure after a major security incident at the industry’s largest exchange. Watch whether Binance’s spot share stabilizes near 42% or extends its decline, and whether OKX and Coinbase sustain their gains in the coming weeks.
Muhabbit's AI wrote this summary in its own words from BTC Haber's report and translated it from Turkish. It can get details wrong, so check the source.
Named in this story
Binance, OKX, Coinbase (COIN)
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