According to CoinDesk Data report, the institutional-focused crypto trading platform Bullish's February spot trading volume increased by 62.6% month-on-month to approximately $76 billion, with market share rising to 5.06%, surpassing Coinbase's 4.59%. During the same period, overall centralized exchange trading activity slowed down, with total spot and derivatives trading volume decreasing by 2.41% month-on-month to about $5.61 trillion, of which spot trading volume was approximately $1.50 trillion.

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