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Binance Spot Market Share Slides to 42%, a 12-Week Low

COINOTAG·November 5, 2026·1 min read
Binance Spot Market Share Slides to 42%, a 12-Week Low

Binance's spot market share slid to 42%, a 12-week low, following a $6.3 billion hot wallet theft that the FBI blames on North Korea's TraderTraitor. The incident has eroded trader confidence and contributed to the exchange's declining dominance in the crypto market.

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