CEX Spot Volumes Drop to 2020 Lows as Market Shifts into HODL Mode: CryptoQuant Analyst

Description

Spot trading activity on centralized exchanges (CEX) has dropped to levels last seen in Oct. 2020, according to data shared by CryptoQuant analyst Axel Adler Jr on Monday. The sharp decline reflects a broader market shift, with fewer coins being sold or moved on-chain as crypto investors choose to hold their assets rather than actively trade. Musk and Trump Stir Market Turbulence The slowdown in activity follows a volatile week marked by macroeconomic uncertainty and high-profile social media mo...