Odaily Planet Daily News According to CCData's latest market report, the combined spot and derivatives trading volume for centralized crypto exchanges (CEX) reached $11.3 trillion (up 7.58%) in December 2024, a record high. Binance continued to lead in spot trading, with a trading volume of $946 billion, a slight increase of 0.13%. It was followed by Bybit and Coinbase, with trading volumes of $247 billion (up 18.8%) and $191 billion (up 9.62%), respectively. Crypto derivatives trading volume also climbed sharply, up 7.33% to $7.58 trillion, setting a new monthly high for derivatives trading volume. CCData noted that liquidations surged as traders tried to profit from market volatility. The December trading boom coincided with a historic rise in Bitcoin, which broke through the $100,000 mark for the first time on December 5 and peaked at $108,249 on December 17. (Cryptonews)