Trading volume on leading cryptocurrency exchanges fell 52% in June. It reached a five-month low of $1.2 trillion.
Binance's trading volume fell from $1.5 trillion to $668 billion, Huobi from $270 billion to $141 billion and Coinbase from $201 billion to $77 billion.
Recall that users withdrew 22,550 BTC from bitcoin exchanges on 7 June.
According to Glassnode, activity on Bitcoin and Ethereum networks dropped to yearly lows.
Earlier reported an increase in complaints from US citizens about cryptocurrency exchanges.
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