Crypto Money Analytical Company Cryptoquant’s Senior Analyst Axel Adler JRBitcoin $105,640.39 Bitcoin on the central exchanges (CEX) announced that the average daily spot transaction volume decreased to October 2020. Adler in his sharing dated 9 June 2025, “There is no sales in the stock exchanges, no in -chain movement. The market has passed to accumulation,” he summarized the painting. The data show that investors hold their crypto currencies and suspend the Al-Sass transactions. Experts warn that the weakened volume can harden the price volatility and limit the market depth.
What triggered the decline in volume?
The spot volume belonging to the central stock exchanges decreased to the lowest level during the recovery period after Covid-19, decreased to around 965 million dollars per day. The decline in global inflation shifted institutional interest to derivative transactions, while the spotlight of the spot has slowed down the introduction of new funds to the market. Regulatory uncertainties also limited the volume. Especially expected in the USA Stablecoin law He pushed the investor to wait.

Following the half of the block award, the miner sales decrease and ETFThe corporate capital, which directed to the s, has shown the spot volume in the stock exchanges further. Increasing transaction fees directed the small investor to passive tactics, while large BTC purchases made at OTC tables created an additional volume that was not visible on blockchain.
Investors’ long -term crypto currency accumulation approach
On the other hand, in -chain data kept in wallets Bitcoin reveals that the amount of all time. Approximately 820 thousand units taken from the stock markets in the last six months BTC It supports that the cold storage tendency is strengthened. The portfolios that escape from risk are seen to passive earnings (stinging, return pools) by seeing volatility as a threat, not an opportunity.
Despite the decrease in volume, the fact that the price is still high reinforces the “tight supply” narrative. Analysts point out that the spot demand in the CEXs should be revived for the beginning of a new rally. In this scenario, the decisions of long -term investors will be decisive for the direction of the market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.