📉 The number of traders on Alpha has dropped significantly – Opportunity or risk?

From 14/11 → 06/12, the number of traders on Alpha decreased from ~500K to ~274K, equivalent to -45% in just 3 weeks.

Main reasons:

🔸 Few new TGE phases

🔸 Airdrop of old projects is no longer very appealing

🔸 Part of the capital has shifted to spot/futures as the market recovers

🔸 Increased farming competition → new traders discouraged

💡 But this is not a bad signal.

When the number of participants decreases, farming becomes easier, competition is less, and those who remain often receive more when Binance launches a new major TGE.

🔥 The phase of "cleansing players" is often the best time before the airdrop warehouse opens.

👉 Do you think this is the time to continue farming or wait for a new TGE?