Crypto Exchange Volumes Rebound in May as Perp DEX Leads
Spot stabilized near $952B and futures snapped a three-month slide to $5.23T, but the structural signal is perp DEX volume swinging back after six straight months of declines.
Crypto market intelligence — price action, technical analysis, ETFs, macro signals, and stablecoin moves.
Spot stabilized near $952B and futures snapped a three-month slide to $5.23T, but the structural signal is perp DEX volume swinging back after six straight months of declines.
Perps now account for ~80% of global crypto volume and are bleeding into oil, gold and pre-IPO equities — the regulatory fight over Hyperliquid's commodity contracts will decide whether this stays a…
3K $BTC (≈204.8M) moved from unknown wallet to unknown wallet.
104.8M $USDT (≈104.7M) moved from unknown wallet to #Bitfinex.
1.7K $BTC (≈112.6M) moved from unknown wallet to unknown wallet.
879 $BTC (≈60M) moved from unknown wallet to #CryptoCom.
3.2K $BTC (≈216.7M) moved from Coinbase Institutional to unknown new wallet.
500M $USDT (≈499.5M) moved from Tether Treasury to #Binance.
1.1K $BTC (≈74.9M) moved from unknown wallet to #Coinbase.
750 $BTC (≈51.3M) moved from unknown wallet to Coinbase Institutional.
2.4K $BTC (≈166.7M) moved from unknown wallet to Coinbase Institutional.
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FalconX's Joshua Lim says HYPE liquidity now rivals ETH on heavy days — capital is leaving range-bound majors for altcoin vol, pre-IPO perps, and tokenized stocks, with Hyperliquid's $800M 2025…
The move ties Coinbase directly to the reserve infrastructure that compliant USDC-style stablecoins will sit on once the GENIUS Act takes effect — the first major exchange to write a check into a…
Digital gold, risk asset, or momentum trade — the lack of a shared valuation framework is the variable that explains bitcoin's shifting correlations to equities, gold, and macro liquidity.
Strive Asset Management has added 2,500 BTC to its corporate treasury, making a pointed move into Bitcoin at the same…