The spot trading volume on CEX in the fourth quarter of 2023 is expected to surge by more than 83% quarter-on-quarter

Data from the encrypted data analysis company Cryptorank shows that compared to the third quarter, the spot trading volume of centralized exchanges (CEX) is expected to surge by more than 83% in the fourth quarter of 2023. Despite a significant increase in trading volume, it is still nearly four times lower than the historical high in the second quarter of 2021.