CEX Data Report in DEC: Trading Volume fell by more than 40%
WuBlockchain’s statistics showed that: Spot trading on major exchanges fell 42.8 per cent month-on-month in December. The three smallest decreases were Bitget -8%, Crypto.com -23% and BitMart -27%. The top three decreases were Phemex -76%, Bitfinex -58% and Gate -57%. Derivatives trading on major exchanges fell 47.6 per cent in December from the previous month. Three of the smallest decreases were Crypto.com -10%, Mexc -25% and Bitget -28%. The top three declines are Phemex -85%, Deribit -62% and Bitfinex -60%. Web traffic on major exchanges fell 15.8 percent in December from the previous month. Only two sites saw an increase in visits: Bitfinex 107% and Bitget +58%. The top three declines were Upbit -32%, Crypto.com -23% and Kucoin -22%. Note: The following data may have serious fraud traffic suspicion. Spot and derivatives data from Coingecko; Traffic data is from Similarweb.
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