Santiment: Cryptocurrency trading volume decreased by 64% in the past week, especially for speculative altcoins

2024-12-28 08:59:18

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ChainCatcher message, the cryptocurrency market research agency Santiment posted on the X platform that in the last few days of 2024, trading volume in the cryptocurrency sector has significantly decreased. Overall, compared to the previous week (which included Bitcoin's all-time high), trading volume has dropped by 64% in the past week.

The decline in trading, especially in speculative altcoins, is not surprising. With the holidays approaching and traders organizing their year-end finances, the last week of December is typically one of the least active periods of the year.

In summary, if whales continue to show a strong accumulation trend, the lack of retail participation may actually lead to at least one unexpected surge in 2024, while retail investors remain largely unaware.

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