Trading Volume Trends

Over the last month, ether (ETH) trading volume has caught up with bitcoin (BTC) volume on Binance, the largest exchange in the world. While BTC led by a fairly large margin in the beginning of the year ETH volume took a big leap forward in May.

The past month was an outlier in many ways with meme coins like DOGE dominating headlines and a large crash that took down the market. Although it’s still too early to tell whether these trends will last or if they were just a flash in the pan, trading volume data provides some insights into what happened in the crypto markets over the last few months.

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