“SPOT AND DERIVATIVES TRADING SLID to A FOUR-MONTH LOW as Macroeconomic Concerns Weighed on Investor Sentiment.”, – WRITE: www.coindesk.com
Combined Spot and Derivatives Trading Volume on Centralized Exchanges Fell 21% to $ 7.2 Trillion, The Lowest Level Since October, Accounting To Coindesk Data’s Latest Exchange Review.
Since November, The Trump Administration Has Threated to Impose Tariffs on Trading Partners Including China and the European Union in Respons, to Wht Considers Intest, UNFARTESS ASTESSES.
Among Centralized Exchanges, Binance Maintained ITS POSITION AS The LARGEST SPOT TRADING PLATFORM WITH A 27% Market Share. IT WAS Followed by Crypto.com (8.1%) and Bybit (7.4%) with Coinbase (Coin) and Mexc Global Rounding Out The Top Five.
Monthly Spot and Derivatives Volumes on Centralized Exchanges As of Feb. 2025 (Coindesk Data)
Derivatives Trading Also Saw A Significant Decline, With CME – The Largest Institutional Crypto Trading Venue – Recorder ITS FIRST VOLUME Drop in Five MONHS. Cme’s Trading Volume Fell 20% to $ 229 Billion, with Bitcoin Futures Activity Sliding 20% to $ 175 Billion and Ether Futures Falling 13% to $ 35.9 Billion.
The Decline in Trading Coincides with A Drop in The BTC CME Annualized Basis, Which Fell To 4.08%, Its Lowest Level Since March 2023. Neverthaless 4.67%.
The Increase Suggests That While Retail Trading Activity Has Been Waning, With Robinhood (Hood) Recently Reporting ITS Crypto Trading Volume Fell 29% in Fibruary, Institute Interest Interest.
Total Open Interest Across All Trading Pairs on Centralized Exchanges Fell 30% to $ 78.8 Billion, The Lowest Since Nov. 5, The Report Noted, Reflection of the Heavy Liquidations Endured Durying the Recent Drawdown.
