January by the numbers: A look at crypto exchange volumes, open interest, and miner revenue
Quick Take
- Total adjusted on-chain volume decreased by 20.3% to $626 billion.
- A total of 398,062 Ethereum, equivalent to $1.2 billion, was burned in January.
- NFT marketplace volume saw an all-time high with $7 billion in monthly volume.
- Centralized exchange spot trading volumes decreased by 20% to $833.5 billion.
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Author: Lars Hoffmann
