WuBlockchain’s statistics showed that:

Spot trading on major exchanges rose 57.8 per cent month-on-month in January. The three biggest increases were Upbit +166%, BitMart +110% and KuCoin +90%. The three smallest increases were Mexc +4%, Bitget +4% and Gate +10%.

Derivatives trading on the main exchanges rose 47.6 per cent in January from the previous month. The three biggest increases were Phemex +190%, Bybit +98% and Gate +85%. The three smallest increases were Mexc -28%, Huobi +22% and Crypto.com +26%.

Traffic on the major exchanges’ websites rose 4.5 percent in January from the previous month. The three biggest increases were Upbit +35%, Deribit +22% and Coinbase +13%. The three smallest increases were Mexc -43%, Huobi -33% and Gate.io -22%.

Note: The following data may have serious brush volume/robot suspicion. Spot and derivatives data from Coingecko; Traffic data is from Similarweb.

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