Analyst: Bitcoin spot trading volume in August nearly halved compared to January, market enters "HODL mode"
BlockBeats News, on September 15, CryptoQuant analyst Axel Adler Jr stated that in January 2025, the spot trading volume of bitcoin reached $63.6 billions, but by August it had almost halved to $32.2 billions. The activity on centralized exchanges (CEX) is declining, and the market has clearly entered a "HODL mode".
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