📊 SPOT VOLUMES IN JANUARY

The spot volume on exchanges **increased by ~10% in January** vs. December.

📈 Highlights of increase:

• Uniswap (+84%)

• Bitfinex (+70%)

• Upbit (+44%)

📉 Decreases:

• HTX (-19%)

• Bybit (-16%)

• KuCoin (-7%)

📌 Reading: migration of flow to DEXs and some specific platforms may indicate a tactical change in liquidity — still not confirming structural trend.

#Crypto #Exchanges #SpotVolume #Uniswap #MarketData

$UNI

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