Daily exchange trading volumes hit a 12-month high of $117 billion
Quick Take The volume metrics suggest evolving market dynamics across the industry. The following is an excerpt from The Block’s Data and Insights newsletter.

每日交易所交易量已达到 12 个月以来的最高水平,为 1170 亿美元,而同期的平均交易量为 440 亿美元。
截至 11 月中旬,美元支持的交易所交易量已达 2290 亿美元,在剩下半个月的时间里,几乎与 10 月份的 2370 亿美元持平。这一激增恰逢比特币创下 90,000 美元以上的历史新高,表明整个交易生态系统的市场参与度有所提高。
数量指标表明整个行业的市场动态正在发生变化。
短短半个月内成交量快速增长表明交易活动集中,而非逐渐积累。目前的成交量迄今创下令人印象深刻的纪录,表明每个价格水平的交易强度更高。ETF 等结构性产品成交量持续高企表明市场参与度持续,而非孤立的飙升。
市场结构与 2021 年周期有明显差异:
- 这一周期的背景是,环境监管更加规范,机构基础设施更加完善,监管前景更加积极。
- 现货ETF交易量和传统交易所交易量的结合表明,更多传统资产配置者将参与更广泛的市场。
这些交易量水平的可持续性可能取决于持续的价格发现。然而,随着市场基础设施的成熟,更高的基准交易量可能成为新常态。
随着市场参与者适应新的交易模式,交易量和价格波动之间的关系可能会发生变化。
这是 The Block 数据与洞察时事通讯的摘录。深入研究构成该行业最引人深思的趋势的数字。
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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