- Retail investors dominate trading activity on CEXes.
- Most traders focused on BTC, ETH, and AI narratives.
According to the latest CryptoQuant report, retail crypto traders dominate centralized exchanges (CEXes) activity.
Over 60% of them are young and well-educated males with over three years of experience in the space.
Part of the report read,
“The survey shows crypto users are young, experienced, and educated. 60% are aged 25-44, with over 62% having 3+ years in the industry. Most invest under $10,000 annually, reflecting the dominance of retail investors.”
Source: CryptoQuant
Binance tops global usage
On global usage, Binance topped CEX dominance, as more than 50% of respondents frequently use it as a primary platform.
Additionally, nearly half of the people interviewed kept their assets on the platform, reinforcing their confidence in the exchange.
Source: CryptoQuant
Besides, it topped as the most preferred platform for full-time traders, followed by Bybit and OKX. Well, this was likely given its deep liquidity, which makes it easier to enter and exit trades with low slippage costs.
The report added that Bitcoin [BTC], Ethereum [ETH], and AI tokens were the most traded cryptocurrencies across most CEXes. BTC and ETH could gain momentum as markets shift focus to pro-crypto policies by President Donald Trump.
Source: CryptoQuant
It is worth pointing out, however, that the AI narrative has picked momentum in the past four months as the AI agent sub-sector drives market excitement.
With speculations that Artificial General Intelligence (AGI) could be achieved this year, the AI/AI agent narrative could stamp dominance in 2025.
