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Sanitation: Cryptocurrency trading volume dropped 64% in the past week, especially in speculative altcoins

According to online reports, crypto market research firm Sanitation issued an article on the X platform stating that in the last few days of 2024, transaction volume in the cryptocurrency field dropped significantly. Overall, transaction volume over the past week was 64% lower than the previous week, including Bitcoin's all-time high. The downward trend in trading, especially in speculative altcoins, is not surprising. As the holidays approach and traders sort out year-end finances, the last week of December is usually one of the least active periods of the year. To sum up, if whales continue to show a strong accumulation trend, then a lack of retail participation may actually lead to at least one unexpected 2024 surge with little retail attention.

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