Bitcoin inflows to exchanges fell to lowest level since 2020

Bitcoin trading volume on spot exchanges rose to a one-year high in September.
However, BTC has been in a narrow range all this time. The cryptocurrency failed to stay above $20,000, according to the Glassnode report.
Researchers attribute the surge in trader activity to the cancellation of commissions on the Binance platform. At the same time, fees remained high on exchanges such as Coinbase. Most transactions were realized by retail traders.

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