A friend from a certain exchange revealed:
70%~80% of accounts are nearly zeroed out, and no one is playing in the crypto world anymore.
Someone from a certain exchange disclosed that compared to half a year ago, 70%~80% of accounts have nearly zeroed out and entered a dead account state. The number of new users skyrocketed after Trump launched his coin, peaked, and then plummeted sharply; now it is only 2% of the peak. In just half a year, nearly 80% of retail investors have been wiped out.
This is why leading exchanges are anxious, with the bosses personally stepping in to activate the market (dying struggle); there are no users left, it's harsher than the big A! The trading volume of the top ten stablecoins has dropped to a quarter of last December's bull market level, hitting a seven-year low. That damned Trump drained the liquidity from the crypto world and burst the bubble.
The most intuitive data: a friend who used to do reverse trading could earn over 2000 a day in fees last year, but now with more subordinates, it’s only over 100 a day, making Ren feel scared of the coldness.....