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Glassnode: BTC Spot Trading Volume Falls to Lowest Since October 2023

Source: x.com
According to on-chain data platform Glassnode (@glassnode), spot Bitcoin trading volume across major exchanges has fallen to its lowest level since October 2023—comparable to the levels observed in September 2023, when the previous bear market ended. Under low-volume conditions, market depth has notably declined, meaning even minor capital flows can trigger liquidations, significantly increasing market sensitivity to liquidity shifts.

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