This Week's Major Altcoin Trading Volume Decreases by 64% Compared to Last Week

Son Min

Summary

It was announced that the trading volume of major altcoins decreased by 64% compared to last week.
It was reported that a decrease in speculative altcoin trading volume is common in the year-end cryptocurrency market.
It was projected that if whales accumulate in the current situation where retail investors are absent, a significant bull market could be expected.

The trading volume of major altcoins has significantly decreased.

On the 27th (local time), Santiment announced on X, "As the end of the year approaches, the overall trading volume in the cryptocurrency market has significantly decreased," and added, "This week's major altcoin trading volume has decreased by 64% compared to last week." They further explained, "It is common for speculative altcoin trading volumes to decrease at the end of the year," but also projected, "If whales continue a strong accumulation trend during this time when retail investors are not participating, a large-scale bull market could emerge."