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December's spot trading volume data is out, and the overall market activity has noticeably declined, down 20-30% compared to November. Honestly, it's a bit quiet.
Looking at the rankings, the top three remain the same—some leading exchange, Bybit, and Kucoin hold the majority. But what's interesting is this: HTX managed to break through from below and directly ranked fourth in spot trading volume. This achievement is quite surprising for the November-December period. Although the market is somewhat sluggish overall, the performance differences between platforms are becoming increasingly apparent.