Here’s the caveat to Binance recovering lost ground

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Binance recovers lost ground, but it's not sunshine and roses yet

However, May provided some relief as Binance bounced back to regain a portion of its lost market share, according to digital assets data provider Kaiko.

But despite the rise, Binance’s share of monthly volume remained significantly low from the highs seen in February.On further examination of the data, it was found that most of the gains made by Binance were due to falling trade volumes on Korean exchanges.

 

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