Data: In August, the total trading volume of cryptocurrency exchanges reached $1.86 trillion, a new high since January

According to ChainCatcher news and data from The Block, the monthly spot trading volume of cryptocurrency exchanges reached $1.86 trillion in August, a 5% increase from July's $1.77 trillion, marking the highest level since January this year. Among them, Binance maintained its market share lead with a trading volume of $737.1 billion, an increase of nearly $31 billion month-over-month; Bybit and Bitget recorded trading volumes of $12.65 billion and $12.61 billion, respectively.

In addition, the trading volume of decentralized exchanges (DEX) also climbed to $368.8 billion in August, the highest since January this year. Uniswap led with $143 billion, followed closely by PancakeSwap with $58.7 billion. Notably, investor interest in Ethereum has significantly increased recently, with U.S. spot Ethereum ETF inflows reaching $3.87 billion in August, while Bitcoin ETF outflows during the same period amounted to $751 million.