ChainCatcher message, the cryptocurrency market research institution Santiment stated on platform X that in the last few days of 2024, the trading volume in the cryptocurrency sector has significantly decreased. Overall, compared to the previous week (including Bitcoin's historical high), the trading volume decreased by 64% in the past week.
The decline in trading, especially for speculative altcoins, is not surprising. With the holidays approaching and traders organizing their year-end finances, the last week of December is typically one of the least active periods each year.
In summary, if whales continue to show strong accumulation trends, the lack of retail participation may actually lead to at least one unexpected surge in 2024, while retail investors remain largely unaware.