Crypto trading activity has fallen to its lowest level of 2026.<\/p>\n
This is according to data from Kaiko, which shows daily spot volumes across tracked exchanges dropping to around $15 billion last week.<\/p>\n
According to the Kaiko numbers shared<\/a> by The Kobeissi Letter, daily trading volumes across 44 spot crypto exchanges have dropped 70% from peak levels in January, with the average daily volume trend also falling 50% since December 2025 to about $20 billion. Furthermore, the six largest exchanges now account for more than 60% of total trading activity.<\/p>\n However, not everyone agrees that crypto liquidation is disappearing, with pseudonymous crypto researcher Emperor Osmo arguing<\/a> that the drop in trading volume on CEXs mostly reflects changing exchange dynamics.<\/p>\n Data from The Block shows decentralized exchange volume has been climbing all year relative to centralized platforms, going from a ratio near 20% in April to about 24% in July and above 46% so far in August, although the figures from this month are still incomplete.<\/p>\n \u201cCentralized exchanges are simply losing market share to DEXs,\u201d the analyst wrote.<\/p>\n Trader Jeff made a related point from a different angle, noting<\/a> that stablecoin volume and active addresses are both up from last month and that holders of tokenized real-world assets jumped 51% in 30 days to 1.57 million. \u201cThe traders left, but the users stayed,\u201d he wrote, with Wintermute head of OTC Jake O calling<\/a> the shakeout healthy and arguing that \u201cvolume consolidating on the stronger venues is a net positive for the industry.\u201d<\/p>\n That drop has come with major cryptocurrencies trading well below their highs. Bitcoin (BTC), for instance, is changing hands near<\/a> $64,000, up by about 2% in 24 hours but nearly 50% lower than its October 2025 all-time high. Ethereum (ETH) was trading close to $1,900, down 62% from its peak. XRP and Solana (SOL) are faring even worse, having dropped 70% and 75% from their ATHs, respectively.<\/p>\n Some critics have taken the decline as evidence of a longer-term move away from crypto, with AI becoming a stronger competitor for investor attention and capital. But other participants, including Korean trader Frontier Bet, believe<\/a> that regulatory development such as approval of the CLARITY Act could attract capital back into crypto markets.<\/p>\n The odds for the bill\u2019s approval have continued to drop, especially after the White House failed<\/a> to respond to a key counterproposal from Thom Tillis and Ruben Gallego, who are pushing for stronger ethics provisions.<\/p>\n The post Crypto Market Liquidity Dries Up as Daily Volumes Hit 2026 Lows<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Crypto trading activity has fallen to its lowest level of 2026. This is according to data from Kaiko, which shows daily spot volumes across tracked exchanges dropping to around $15 billion last week. Centralized Exchange Volumes Fall as Trading Activity Cools According to the Kaiko numbers shared by The Kobeissi Letter, daily trading volumes across […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-209004","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/209004"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=209004"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/209004\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=209004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=209004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=209004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Where the Market Is At<\/h2>\n