According to BlockBeats, on December 2, The Block reported that the crypto market's spot trading volume in November reached $2.7 trillion, setting a new high since May 2021, more than double the trading volume in October ($1.14 trillion).

In November, approximately 36% of the trading volume came from Binance, which had a trading volume exceeding $986 billion. Crypto.com, Upbit, and Bybit followed closely, each with trading volumes exceeding $200 billion, and significant month-on-month increases in trading volumes were observed across regions worldwide.