Deep Tide TechFlow News, on December 2, according to The Block, the global spot cryptocurrency exchange's monthly trading volume in November reached $2.71 trillion, the highest level since May 2021. This figure is more than double the trading volume in October ($1.14 trillion).
Data shows that about 36% of the monthly trading volume in November came from Binance, which processed over $986 billion in trading volume. Crypto.com, Upbit, and Bybit followed closely, recording over $200 billion in monthly trading volume, respectively. Meanwhile, the total trading volume of Bitcoin futures on exchanges in November reached $2.59 trillion, while Ethereum futures reached $1.28 trillion, both hitting the highest levels since May 2021.