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Data: The peak volume of CEX transactions in this round of the encryption bull run is still far below the levels of 2021.
On October 31, according to statistics from The Block, the peak total volume of centralized exchanges (CEX) in the current bull run of crypto assets occurred in December 2024, reaching $2.9 trillion, with Bitcoin prices peaking at $108,353, setting a new historical high. However, compared to the previous bull run, the overall trading activity remains slightly insufficient. In the last crypto cycle, the peak total volume of CEX was in April 2021, reaching $4.16 trillion, when Bitcoin prices peaked at $64,854; in November of the same year, CEX total volume hit a second peak of $2.54 trillion, with Bitcoin reaching a high of $69,000 in that cycle. Current data shows that as of this month, the global total volume of CEX is temporarily reported at $2.05 trillion. This indicates that although Bitcoin prices have hit new highs in this bull run, the overall trading volume of CEX has not yet reached the level of enthusiasm seen in 2021.