【Coinbase Q3 Trading Data: Institutional Trading Volume Exceeds 80%, Bitcoin Trading Volume Reaches 37%】On November 1, according to the latest data released in Coinbase's 2024 Q3 shareholder letter: the total trading volume was $185 billion, a decrease of 18% compared to Q2; institutional investor trading volume was $151 billion, accounting for 81.6% of total trading volume, continuing to dominate; retail investor trading volume was $34 billion, accounting for 18.4%. In terms of cryptocurrency trading structure: Bitcoin's trading share rose to 37%, an increase of 2 percentage points; Ethereum remained at 15%; USDT trading share rebounded from 10% to 15%; other cryptocurrencies accounted for 33%; notably, Solana's share of trading revenue has reached 11%.

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