Data: CEX spot transaction volume has fallen to a five-year low, and the market has shifted to a hoarding model
2025-06-09 05:01:16
Crypto Quant analyst Axel posted data on social media saying that the average daily spot trading volume on centralized trading platforms (CEX) has fallen to the level of October 2020. Tokens are neither sold on the spot nor transferred on the chain - the market has moved to the HODL model.
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