Crypto market cap up 39.6% in Q3, but spot volume across top 10 exchanges DOWN 14% đ
September picked up hard â daily avg hit $94.8B vs $57.7B in July (CoinGecko data)
Lower volume â less buying interest. Could signal:
âą More HODLing behavior
âą Shift to derivatives/perps
âą Liquidity concentration in fewer hands
Price up, volume down = classic late-stage accumulation or low conviction pump. Watch for breakout confirmation with volume spike.
September picked up hard â daily avg hit $94.8B vs $57.7B in July (CoinGecko data)
Lower volume â less buying interest. Could signal:
âą More HODLing behavior
âą Shift to derivatives/perps
âą Liquidity concentration in fewer hands
Price up, volume down = classic late-stage accumulation or low conviction pump. Watch for breakout confirmation with volume spike.