PANews reported on October 22nd that CryptoQuant analyst Darkfost noted that following the massive liquidation event on October 10th, the market has experienced volatility, prompting traders to shift to a more cautious spot trading model. Binance, the leading spot market platform, has seen cumulative BTC spot trading volume reach $180 trillion, with daily trading volume increasing from $3 billion to $5 billion in early September to the current $5 billion to $10 billion.
CryptoQuant: Since the large-scale liquidation event on October 10, traders have begun to shift to a more cautious spot trading model
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