Bitcoin Spot Trading Volume Surges in October 2025
- Bitcoin spot trading volume hit $300B in October.
- Massive market shift following major liquidations.
- Market moved from leveraged to spot trading.
Bitcoin spot trading volume surpassed $300 billion in October 2025, driven by a shift from leveraged trading and led by Binance, accounting for $174 billion.
The shift from derivatives to spot trading indicates a market preference for tangible assets, impacting liquidity and sentiment across major cryptocurrencies.
In October 2025, Bitcoin spot trading volume surpassed $300 billion amid a marked shift from leveraged trading to spot markets. This movement was driven by massive liquidations, signaling a potential change in trading preferences.
Binance emerged as the leading spot trading platform, handling 58% of the Bitcoin volume, which equates to around $174 billion. This shift came after a global event-induced market crash sparked a trader migration to spot trading.
The shift in trading preference affected major exchanges and participants. Analytics providers noted increased spot market activity as traders sought stability. This was largely influenced by significant derivatives liquidations.
With a collapse of over $19 billion in leveraged positions, traders favored purchasing actual Bitcoin over synthetic exposure. On-chain data demonstrated genuine accumulation replacing derivatives open interest declines. As a CryptoQuant Analyst noted, “The significant shift towards spot market accumulation behaviors reflects genuine interest amidst the turmoil.”
Historical trends suggest major market crashes result in temporary spot trading preference. Past events showed traders seeking ways to stabilize portfolios post-liquidation. This shift may provide insights into potential market directions.
Further analysis from CryptoQuant highlighted the move as indicative of real demand. Historical events such as in 2020 and 2021 show similar temporary spot preferences, hinting at a possible repetition of market behavior.
