Crypto exchange network traffic fell 8.3% month-on-month in January 2022

time:2022-02-09 06:30 source:Internet

As of January, web traffic to cryptocurrency exchanges fell for the third straight month, according to data collected by The Block Research. Network traffic on cryptocurrency exchanges reached 427.6 million in January 2022, 8.3% lower than in December 2021, which in turn was 14.7% lower than in November 2021. Data from The Block Research further shows that Binance accounted for the majority of the exchange’s web traffic in January at 33.2%. Coinbase and Bybit followed with 18.1% and 6.6%, respectively.

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