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Analysis: CEX spot trading volume has dropped to the level of October 2020

2025-06-09 13:32:27
Collection

ChainCatcher news, CryptoQuant analyst Axel posted on the X platform that the daily spot trading volume of centralized exchanges (CEX) has dropped to the levels seen in October 2020. Tokens are neither being sold on the spot nor transferred on-chain ------ the market has shifted to a "HODL" mode.

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CEX spot trading volume centralized trading platform
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If Bitcoin falls below $65,000, the cumulative long liquidation intensity on mainstream CEX will reach $743 million
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If Bitcoin falls below $66,000, the cumulative long liquidation intensity on mainstream CEX will reach $607 million
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Related tags
CEX spot trading volume centralized trading platform
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