Onchain Activity ≠ Wallet Usage
Wallet volume charts didn’t break due to wash trading from farming Binance Alpha points.
They broke because Binance Alpha 2.0, a CEX-only product, is being misclassified as “Binance Wallet.”
Let’s unpack what went wrong, and how to fix it 🧵
From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.