Data shows the Bitcoin trading volume has remained near one-year highs recently as activity on Binance stays elevated following the fee removal.
Bitcoin 7-Day Average Trading Volume Has Kept At High Values In Recent Weeks
As per the latest weekly report from Arcane Research, around 80% of the latest activity on the BTC network is driven by the crypto exchange Binance.
The “trading volume” is an indicator that measures the total amount of Bitcoin moved on the blockchain on any given day.