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Crypto trading volume soars to new heights in December, reaching $11.3 trillion

In December, centralized exchanges (CEXs) saw an all-time high of $11.3 trillion in spot and derivatives volume, setting a new milestone for cryptocurrency trading. Binance led the push, and the increased trade volume reflects excellent liquidity and investor confidence.

In December, centralized exchanges (CEXs) saw extraordinary growth in crypto trading, reaching a new all-time record of $11.3 trillion in spot and derivatives trading volume. This represents a 7.58% increase over November, according to CCData.

Binance emerged as the leader in the spot trading market, with $946 billion in volume, up 0.13% from the previous month. Bybit followed closely with $247 billion, up 18.8%, while Coinbase hit $191 billion, up 9.62%.

The futures market also experienced tremendous growth, with trading volume increasing by 7.33% to $7.58 trillion, establishing yet another record. This surge demonstrates heightened volatility as traders sought to profit from price swings, particularly during the month where liquidations spiked.

The increase in trade volumes shows a high level of market liquidity and investor confidence. With Bitcoin reaching new price milestones, the healthy trading environment is driving optimism and laying the groundwork for further market surges.

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