Wintermute Lianchuang: Crypto trading activity usually increases towards the end of the year
Wintermute co-founder Evgeny Gaevoy stated that as a source of liquidity for hundreds of tokens, the platform trades various assets throughout the year. Although the number of unique assets traded during Christmas is slightly reduced compared to other days in December, trading activity usually increases before the end of the year. He said, "We have received more and more business requests, which are usually driven by strategic considerations such as year-end taxes, whether it is for booking trades or operational needs such as settling invoices before the end of the year."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Looking back (and ahead) a year after bitcoin ETF approval
Bitwise argued in its 2025 outlook report that bitcoin ETFs will attract more flows in 2025 than they did in 2024
Cardano and FC Barcelona Partner to Unite Fans Through Blockchain and NFTs
Ripple Donates $50.000 in RLUSD to Fight California Wildfires
5 Cryptocurrencies Cheaper Than a TradingView Subscription for Profits in 2025