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Hundreds of contracts settled in USDT or BTC
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Analyst: Bitcoin's spot trading volume in August has nearly halved compared to January, and the market has entered "HODL mode".
BlockBeats news, on September 15, CryptoQuant analyst Axel Adler Jr stated that in January 2025, the Bitcoin spot trading volume reached 636 billion USD, but by August it had nearly halved to 322 billion USD. The activity of centralized exchanges (CEX) is declining, and the market has clearly entered "HODL mode."