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Binance bulls face make-or-break test as spot dominance hits 25% low – TON BOT

Binance bulls face make-or-break test as spot dominance hits 25% low

Binance’s spot share dropped to 25% in December, its lowest since January 2021, while derivatives dominance halved to about 35%, indicating a long-term shift. Offshore exchanges like Bybit and on-chain platforms like Hyperliquid are gaining traction, prompting Binance to make management changes and obtain licenses to compete.


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