Wu Blockchain reports that CryptoQuant analyst Darkfost stated that as of July, Bitcoin spot trading volume on major exchanges has dropped by over 75% compared to the peak at the end of 2024. Specifically, Binance's trading volume is around $35 billion, significantly lower than the $246 billion in November 2024. During the same period, Bybit, Coinbase, and OKX saw declines of approximately 85%, 61%, and 67%, respectively. Overall trading activity has fallen to levels seen in the late stages of the 2023 bear market. https://(wublock123.com)/news/bitcoin-spot-volume-down-75pct-from-2024-high-to-2023-bear-65446