2026-01-09 09:24:49

A recent blockchain market report has released a lot of data. By 2025, the total platform transaction volume will reach $34 trillion, with the spot market surpassing $7.1 trillion. But that's not the most eye-catching part — the daily trading volume has increased by 18% month-over-month.

What does this reflect? An interesting phenomenon: the entire market is expanding, but traffic is becoming increasingly concentrated. Leading exchanges hold nearly half of the global BTC and ETH trading, effectively becoming a liquidity hub. Retail investors and institutions are flowing here, further squeezing the survival space for smaller platforms. The market is doing subtraction, while large platforms are doing multiplication.

BTC3,31%

ETH4,49%

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MissingSats

· 01-12 06:47

3.4 trillion? Sounds scary but I believe it, anyway all the money is being eaten up by the top few companies. Small platforms definitely need to be reshuffled; if they don't have the skills to survive, they deserve to be left behind. This is the Matthew effect—bigger gets bigger, and retail investors are getting more competitive. Wait, that's not right. With such a large trading volume, why are the coin prices still like this? It’s a bit of a conspiracy theory. Losing half of the traffic to the top isn't a big problem; the key is that you and I can't escape this game. Liquidity hubs, to put it nicely, are "the center for harvesting retail investors." In plain terms, the era of dominance by a single company is coming.

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QuietlyStaking

· 01-12 05:37

Big platforms eat the meat, small platforms drink the soup—that's the current situation. Half of the BTC and ETH on top exchanges? It feels like it's becoming more centralized. The figure of 34 trillion sounds impressive, but the real profit still goes to those few giants. Retail investors are forced to pile into top players; there's no other way, liquidity is king. Small exchanges really need to pivot; if this competition continues, there's no way out.

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MevWhisperer

· 01-09 09:54

34 trillion sounds impressive, but only a few big players are really eating well, small platforms are really struggling to survive Big platforms eat the meat, small platforms drink the broth; this is the logic of the market An 18% growth sounds great, but in reality, the leading players are siphoning off, and retail investors need to think about where to rely on The compliance army has won, and the story of small exchanges is almost over Liquidity hubs sound professional, but frankly, they are still monopolies The market has grown bigger, but the opportunities have actually decreased, quite ironic

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BridgeTrustFund

· 01-09 09:53

34 trillion? That number sounds impressive, but the real profits still go to those major exchanges. Let's just watch the show. The leading exchanges get the big pieces, while small platforms sip the soup. This is the current state of Web3. Liquidity concentration essentially means the strong get stronger, and retail investors have fewer opportunities. An 18% growth sounds good, but on the flip side, isn't it all being eaten up by the top players? Another story of a big hype, and in the end, only a few whales benefit.

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SellTheBounce

· 01-09 09:52

The numbers look good but don't reveal any real meaning. When it rebounds, it's time to sell. Let's wait and see. The top eats the meat, the tail drinks the soup—that's the current situation. Don't hold onto illusions. Trading volume skyrocketing? I'm only watching where liquidity is concentrating... It's a warning sign. More retail investors are getting poorer, but the market's essence hasn't changed. Another seemingly prosperous trap, with always a lower price to take over.

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GasFeeAssassin

· 01-09 09:42

Top exchanges are monopolizing the market, small platforms are really struggling, the Matthew effect is in full swing Liquidity is flowing to the big players, retail investors have no choice, and this is how centralization happens The data looks impressive, but this concentration makes me a bit uneasy... 34 trillion sounds impressive, but in reality, it's just circulating in a few places Big platforms are taking the main share, small platforms are left with the scraps, and then what? Technology has become just a facade Everyone has moved to the top players, how can small exchanges survive? That's the real question

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SchrodingersFOMO

· 01-09 09:35

34 trillion? That's a scam, it feels like the numbers have been exaggerated... But the leading exchanges are indeed monopolizing, is there still a way out for retail investors?

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