The average transaction amount on ListexCoin increased by 63 over the week
According to experts of analytical company, the average volume of one transaction with cryptocurrency assets has significantly increased over the past week. According to experts, on the trading platform ListexCoin, the average value of the amount of 1 transaction with virtual assets increased from $700, as of January 8, 2023, to $1100, as of January 16. This meant an increase of 63%.
According to analysts, this state of affairs may indicate that Bitcoin has led the latest short-term bullish rally. The cryptocurrency bitcoin (BTC) traded above the $20,000 mark for the first time since Nov. 8, 2022. A few days after a strong momentum and prices rising to $21,000, total trading volumes on centralized exchanges (CEX) soared, reaching the highest levels since the collapse of the FTX exchange last November.
ListexCoin specialists stressed that despite the short-term surge in bitcoin prices, the digital asset's liquidity on exchanges has not recovered. While market depth temporarily increased last December, liquidity began to deteriorate again early in the new year.
According to ListexCoin experts, if the scale of trading grows, this trend will improve over the course of this January. Market depth has recovered slightly over the past 2 days, but is still near the local lows reached in the days of the FTX collapse.