Late-night crypto trading rises in India, dip-buying seen during corrections: CoinSwitch
Synopsis
A report by CoinSwitch shows Indian investors are most active in crypto trading between 10–11 PM, reflecting a preference for post-work hours. Despite 24/7 markets, weekday trading dominates, indicating a shift toward more disciplined, routine-driven investing.
The trading patterns among Indian investors reveal a distinct trend, with peak activity recorded between 10-11 PM. This late-night surge suggests that many investors prefer trading after traditional market hours, aligning their crypto investments with their work schedules, according to CoinSwitch’s Q1 2026 report, “India’s Crypto Portfolio: How India Invests.”
The report further highlighted that despite the 24×7 nature of digital assets, weekdays continue to outperform weekends, indicating that investors are increasingly following planned trading routines rather than opportunistic activity.
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Crypto TrackerTOP COINS (₹) Bitcoin7,144,911 (2.59%)XRP135 (2.36%)BNB59,344 (2.09%)Ethereum217,261 (1.54%)Tether94 (0.52%)Bitcoin remains the backbone of India’s crypto ecosystem, accounting for 9.2% of total portfolio allocation across all tracked assets, while also leading trading activity at 17.4% of total trades, reaffirming its position as the market’s trusted long-term holding asset and a preferred trading instrument. Alongside Bitcoin, meme coins such as Dogecoin (6.0%) and Shiba Inu (4.4%) continue to feature prominently in Indian portfolios.
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View Details »Long-term investing continues to dominate, with 61.3% of investors holding assets for more than a year, while 28.3% engaging in momentum trading and 20.4% adopting dip-buying strategies. This combination highlights a market increasingly driven by planned strategies rather than impulse-driven trades.
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While investors aged between 26–35 continue to dominate participation at 48%, the 35+ segment emerged as the fastest-growing demographic, led by Gen X and older millennials entering the market.
Unlike younger cohorts who often enter markets early in experimentation phases, Gen X and older millennials typically adopt new financial assets after gaining confidence in their long-term value and regulatory clarity. This shift suggests that crypto in India is moving beyond early adoption into a more mature participation phase, where investors with greater financial experience and capital are entering the market.
Geographically, Uttar Pradesh (12.9%) and Maharashtra (12.3%) continue to lead adoption, reinforcing their position as India’s leading crypto adoption markets. Karnataka shows the highest conviction in blue-chip assets, with 32% portfolio allocation.
Across India, portfolios now reflect a balanced mix of blue-chip, large-, mid-, and small-cap assets, shifting toward structured investing. The findings also reinforce the importance of informed and responsible investing, as more investors shift toward structured portfolio allocation and long-term strategies.
Bihar shows the highest participation in small-cap assets, Andhra Pradesh leads with 59.1% female participation and Haryana records the highest male participation.
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“What stands out this quarter is not just who is investing, but how. The rise of the 35+ segment, alongside increased dip buying and the continued dominance of long-term holding, signals a clear shift toward a more mature market.”says Ashish Singhal, Co-founder of CoinSwitch.
The report offers insights based on the activity of over 2.5 crore of its investors across the country. The findings point to a clear shift in market maturity. Note: These insights are based solely on CoinSwitch user data and do not reflect trading or investment activity on other platforms.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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