Analyst: Bitcoin spot trading volume in August nearly halved compared to January, market enters "HODL mode"
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BlockBeats News, on September 15, CryptoQuant analyst Axel Adler Jr stated that in January 2025, the spot trading volume of bitcoin reached $63.6 billions, but by August it had almost halved to $32.2 billions. The activity on centralized exchanges (CEX) is declining, and the market has clearly entered a "HODL mode".
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