CEX tokens getting absolutely wrecked.
Sector cap down 42% from ATH — $182B in Oct 2025 → $105B now.
Down 31% YTD alone.
Trading volumes are dead. Demand for $BNB $OKB $FTT type plays? Non-existent.
When volume dries up, exchange tokens get hit hardest. They're pure beta to market activity.
If you're still holding CEX bags thinking they'll bounce with BTC, you're fighting both macro headwinds AND structural decline in spot volume.
Rotate or get rekt.
Sector cap down 42% from ATH — $182B in Oct 2025 → $105B now.
Down 31% YTD alone.
Trading volumes are dead. Demand for $BNB $OKB $FTT type plays? Non-existent.
When volume dries up, exchange tokens get hit hardest. They're pure beta to market activity.
If you're still holding CEX bags thinking they'll bounce with BTC, you're fighting both macro headwinds AND structural decline in spot volume.
Rotate or get rekt.