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December CEX Data Report Reveals a Drop of 42.8% in Spot Trading Volume

Published 01/12/2023, 03:29 AM
Updated 01/12/2023, 03:30 AM
December CEX Data Report Reveals a Drop of 42.8% in Spot Trading Volume

  • According to the details from the December CEX data report, there has been a sharp decline of 42.8% in the spot trading volume of major exchanges.
  • The major exchanges that were affected include Phemex, Bitfinex, and Gate.
  • The data was collected and released by Colin Wu.

Journalist Colin Wu recently shared the CEX data report for December 2022. The data reveals that there has been a sharp decline in spot trading volume on major exchanges by 42.8%.

The statistics from the report show that the decline is in terms of the month-on-month trading volume. Phemex (-76%), Bitfinex (-58%), and Gate (-57%) we ...

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