February Exchange Data Report: Trading volumes of all major exchanges have declined significantly, with spot trading down 21%, derivatives down 15%, and website page views down 20%
This article is machine translated
Show original
Wu Blockchain team's data statistics show:
In February 2025, the spot trading volume of major exchanges decreased by 21% compared to January. The top three changes are Bitfinex +14%, MEXC +3%, and Bitget -15%. The bottom three are Upbit -46%, Crypto.com -29%, and Kraken -27%.
In February, the derivative trading volume of major exchanges decreased by 17% compared to January. The top three changes are MEXC +7%, Gate +4%, and HTX -13%. The bottom three are Crypto.com -27%, Kraken -26%, and Kucoin -25%.
In February, the website traffic of major exchanges decreased by 20%. The top three changes are HTX +45%, OKX +15%, and Bitget +6%. The bottom three are Kucoin -62%, Upbit -35%, and Coinbase -29%.
Note: The following data may have serious suspicions of brushing/bots. Spot and derivative data are from Coingecko; traffic data are from Similarweb.
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share