- According to the details from the December CEX data report, there has been a sharp decline of 42.8% in the spot trading volume of major exchanges.
- The major exchanges that were affected include Phemex, Bitfinex, and Gate.
- The data was collected and released by Colin Wu.
Journalist Colin Wu recently shared the CEX data report for December 2022. The data reveals that there has been a sharp decline in spot trading volume on major exchanges by 42.8%.
CEX Data Report: In December, the spot trading volume of major exchanges fell sharply by 42.8%; the top three declines were Phemex -76%, Bitfinex -58% and Gate -57%; derivatives trading volume fell by 47.6%, Phemex -85%, Deribit -62% and Bitfinex -60%. pic.twitter.com/vYhYosixf5— Wu Blockchain (@WuBlockchain) January 12, 2023
The statistics from the report show that the decline is in terms of the month-on-month trading volume. Phemex (-76%), Bitfinex (-58%), and Gate (-57%) we ...
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