Golden Finance reported that according to Kaiko, a Paris-based data provider, the cumulative trading volume of BTC bought and sold on centralized exchanges in the first eight months of 2024 reached $2.874 trillion, exceeding the nominal trading volume record set during the 2021 bull market. Discussing the record trading volume in the weekly report, Kaiko said: "The rise in cryptocurrency volatility is accompanied by an increase in market participation, at least in the Bitcoin market."