🚀 Crypto Trading Volumes Explode to Highest Levels in 5 Months – Bull Run Loading?

Crypto markets roar back to life as trading activity hits a fever pitch—volumes just punched through their highest levels since March 2025. Is this the spark for the next leg up, or just another dead-cat bounce for bagholders?

Liquidity wakes from hibernation

After months of sideways action, order books are finally thickening. Spot and derivatives volumes surged simultaneously—a rare alignment that’s got degens whispering about ‘the big one.’

Whales vs. retail: Who’s driving the action?

Institutional flows account for nearly 40% of the uptick, but don’t count out retail FOMO. Memecoin trading pairs are seeing disproportionate volume growth (because nothing says ‘sound investment’ like dog-themed tokens).

The cynical take

Wall Street’s suddenly rediscovered its appetite for crypto—just in time to sell the rally they engineered. How convenient that compliance departments greenlighted exposure right as technicals turned bullish.

One thing’s clear: When volumes scream higher this fast, volatility isn’t far behind. Buckle up.

$115,215 saw a 7.5% increase, closing the month at $115,644, while Ethereum (ETH)$3,633 exhibited an impressive monthly gain of 49.5%.

ContentsSpot Exchange Volume Hits Five-Month PeakBinance Leads in CEX, PancakeSwap Tops DEX

Spot Exchange Volume Hits Five-Month Peak

July witnessed an impressive $600 billion increase in trading volume from the 1.158 trillion-dollar level at the end of June. This surge was primarily driven by the accelerated price rally throughout the month. The primary contributors to this renewed interest among traders were Bitcoin’s movement from $107,000 to a closing price of $115,644, alongside Ethereum’s nearly 50% increase in value. Consequently, global spot exchange volume exceeded that of any month in 2025, apart from February, reaching a new pinnacle.

Borsa Hacimleri ve Binance

The total trading activity in the cryptocurrency market at $1.823 trillion indicates a revitalization of activity. This represents the second largest increase of the year, highlighting how exchanges have transitioned from relative quiet periods earlier in the year to developing a robust volume base.

Binance Leads in CEX, PancakeSwap Tops DEX

Within centralized exchanges (CEXs), Binance held the largest share of July’s volume with $759 billion. This level was the highest for the exchange since its $801.1 billion record in January. Bitget followed closely with $126.05 billion, while Bybit and Upbit secured third and fourth places with $122.3 billion and $110.21 billion respectively.

Decentralized exchange (DEX) volumes also participated in the upward trend. Reaching a total volume of $435.3 billion, this marked the peak since January, with PancakeSwap reinforcing its leading position with $188.6 billion. Consequently, both centralized and decentralized exchanges contributed to making July one of the most dynamic months of the year.

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