This month’s crypto exchange volume has already broken December’s record
Trade volume on the world's major crypto exchanges this month has already exceeded last month's total, according to data compiled by The Block.
January’s high is $468.7 billion as of publication — up $89.4 billion (23.6%) compared to the previous month.
Binance currently holds 54.7% of January’s trade share, with Coinbase (14.1%) and Kraken (6.4%) in second and third place, respectively.
AUTHOR
MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.
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