Trading on the Kraken and Bybit exchanges grew by almost 10% As a result of the FTX crash in November 2022, some crypto exchanges recorded a weakening of user activity. The biggest drop in trading was seen on Bitfinex, Kucoin, Gate.io and OKX. For example, at Bitfinex, prior to the FTX bankruptcy, the average monthly amount of digital currency transactions exceeded $12 billion, but in subsequent months it collapsed to $5 billion, Nansen said in a report. At the same time, exchanges such as Kraken and Bybit, on the contrary, paid attention to the increased activity of traders. On average,
Go to Source
Author: NixCoin