Data: CEX transaction volume reached $2.71 trillion in November, the highest since May 2021
According to The Block Pro data, CEX transactions reached $2.71 trillion in November, the highest since May 2021. Binance led the way at $986 billion, Bybit rose 14.6% month-on-month to $213.90 billion, and Upbit and Coinbase reached $234 billion and $175 billion respectively.
In November, the transaction volume on the Ethereum chain reached 183.74 billion US dollars, and the weekly trading volume of NFT rose to 55 million US dollars. The daily trading volume of the Base network hit a new high of 8.80 million, and the total hedging volume reached 3.60 billion US dollars. The weekly increase was 227 million US dollars, exceeding Solana's 71 million US dollars.
Bitcoin hashrate reached $0.06/TH/s in November, a three-month high, up significantly from $0.04 in September, but down from $0.09 in January. Miners earn about $40 million a day, 97% of which is non-rune transactions, and the bitcoin price remains near $90,000 to ensure stable income before the halving.