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Data: CEX Spot Trading Volume Hits 5-Year Low, Market Shifts to Hodl Mode
2025-06-09 12:57
BlockBeats News, June 9th, CryptoQuant analyst Axel posted data on social media indicating that the current average daily spot trading volume on centralized exchanges (CEX) has dropped to the level last seen in October 2020. Tokens are neither being sold on the spot market nor being transferred on-chain — the market has shifted to a "HODL" mode.
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