The data statistics conducted by Wu's team show that the spot trading volume of major exchanges in January 2025 decreased by 25% compared to December 2024. The top three in terms of change rate are HTX -8%, Kraken -10%, and Bybit -11%. The bottom three rankings are Bitget -46%, Kucoin -41%, and Mexc -36%. The trading volume of derivatives decreased by 17% month on month. The top three in terms of change rate are Gate+3%, Mexc -4%, and Deribit -18%. The bottom three rankings are Binance -21%, Kraken -21%, and Bybit -20%. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=7&id=37725