November's exchange numbers just dropped. Spot volumes? Down 28% across major platforms compared to October—ouch.
But here's where it gets interesting. While most exchanges took a hit, Bitfinex bucked the trend with a solid +17% gain. Coinbase held relatively steady at -8%. KuCoin saw a -17% dip.
The bigger losers? Bitget crashed -62%, Gate.com dropped -44%, and MEXC fell -34%.
Market cooling off or traders sitting on the sidelines? The data speaks for itself. Some platforms clearly weathered this downturn better than others.
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November's exchange numbers just dropped. Spot volumes? Down 28% across major platforms compared to October—ouch.
But here's where it gets interesting. While most exchanges took a hit, Bitfinex bucked the trend with a solid +17% gain. Coinbase held relatively steady at -8%. KuCoin saw a -17% dip.
The bigger losers? Bitget crashed -62%, Gate.com dropped -44%, and MEXC fell -34%.
Market cooling off or traders sitting on the sidelines? The data speaks for itself. Some platforms clearly weathered this downturn better than others.