Trading volumes on cryptocurrency exchanges have hit their l | Crypto_Shekar on Binance Square

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Trading volumes on cryptocurrency exchanges have hit their lowest levels since 2020, according to data from Twitter user.
#Binance #crypto2023 #Twitter #cryptocurrency

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Massive Ethereum Whales Acquire $59.47 Billion Worth of ETH, According to Santiment Ethereum whales are on a buying spree, acquiring the cryptocurrency throughout 2023, as reported by Santiment. The 10 largest non-exchange Ethereum addresses now hold a record-breaking 31.8 million ETH, valued at over $59.6 billion. This surge in ownership can be attributed to the increasing adoption of self-custody and decentralized finance options. Although the crypto market experienced a significant crash due to SEC lawsuits against Binance and Coinbase, Ethereum's strong fundamentals and the support of its vibrant community suggest a potential recovery in the coming weeks. | #Ethereum #santiment #crypto2023

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According to Robinhood's data, the trading volume of cryptocurrencies fell to $2.1 billion in May, a decrease of 43% from the previous month and 68% from the previous year. The number of monthly active users was 10.6 million, a decrease of 8% from the previous month and 28% from the previous year. Robinhood recently delisted ADA, MATIC, and SOL due to a SEC lawsuit. #robinhood #trading #cryptocurrency

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