On November 1st, according to the data in Coinbase's latest shareholder letter for the third quarter of 2024, the total trading volume was 185 billion US dollars, down 18% from Q2; the trading volume of institutional investors was 151 billion US dollars, accounting for 81.6% of the total trading volume, continuing to maintain dominance; the trading volume of retail investors was 34 billion US dollars, accounting for 18.4%.
From the perspective of the transaction structure of cryptoassets, the share of bitcoin transactions rose to 37%, up 2 percentage points month-on-month; Ethereum remained at 15%; the share of USDT transactions rose from 10% to 15%; the share of other cryptoassets fell to 33%; it is worth noting that Solana's share of transaction revenue has reached 11%.
Coinbase Q3 transaction data: institutional transaction volume accounts for more than 80%, and bitcoin transactions account for 37%.
2024-11-01 07:31:04
11 news according to coinbase latest release 2024 third quarterdesk3cryptocurrencydesktopCrypto News
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