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Add as a preferred source on GoogleBinance Spot Volume Holds Near $10 Billion After Earlier Surge
Binance spot volume once reached $19.4 billion after usually staying within the pre-mid-August range of $6 billion to $13 billion. Coinbase activity has cooled since a recent rally.
Binance has recently averaged about $10 billion in daily spot trading after volume once reached $19.4 billion. Before mid-August, Binance spot volume typically ranged from $6 billion to $13 billion.
Binance trading has stayed strong as the market’s short-term direction turned lower. Coinbase activity rose during a recent rally, then eased as the market shifted into consolidation and a pullback.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.