Binance Leads with $180 Trillion in BTC Spot Trading Volume, According to CryptoQuant

Key TakeawaysFollowing the October 11 market crash, traders have shifted from leveraged derivatives to a more cautious spot trading approach, according to CryptoQuant analyst Darkfost.Binance remains the dominant spot exchange, with BTC spot trading volume totaling $180 trillion to date.Average daily Bitcoin spot volume rose from $3–5 billion in early September to $5–10 billion currently, signaling a preference for lower-risk accumulation strategies.Spot Market Strengthens as Traders Reduce LeverageAccording to BlockBeats, CryptoQuant analyst Darkfost observed that since the large-scale liquidation event on October 11, crypto market participants have reduced leveraged positions and shifted capital into spot markets amid ongoing volatility.The move reflects a broader risk-management trend across the market as traders prioritize direct asset ownership over margin or futures exposure following the crash.Binance Leads with $180 Trillion in BTC Spot Trading VolumeAs the world’s largest exchange, Binance continues to dominate global spot market activity. Data shows BTC spot trading volume on Binance has reached $180 trillion, while average daily trading volume has doubled in recent months — rising from $3–5 billion in early September to $5–10 billion now.Analysts suggest that the growth in spot activity underscores renewed investor confidence in accumulation over speculation, signaling a healthier market structure following the October drawdown.