BlockBeats News, May 22nd, CryptoQuant analyst Axel stated that after the LUNA crash, the average weekly trading volume of the BTC/USD trading pair on centralized exchanges (CEX) has been consistently decreasing — dropping from a peak of 2.9 million coins in July 2022 to 426,000 coins during yesterday's trading period. This could actually be a long-term bullish signal, as a decrease in exchange supply may instead bring upward price pressure.
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