Bitcoin trading volume up 75%

Glassnode drew attention to the high activity of bitcoin traders. The volume of cryptocurrency trading increased by 75% compared to the figures observed after the crash of the FTX exchange.
The average amount of transactions with BTC rose to $4.2 billion per day. In the fall of 2022, bitcoin trading fell to $2.4 billion per day amid a mass exodus of investors from centralized exchanges, analysts stressed.
In June-July, medium and large investors – sharks and whales – were actively engaged in accumulation. Addresses controlling 10 to 10,000 bitcoins for amounts ranging from $300,000 to $300 million have accumulated more than 13 million BTC in total.

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