Key points:
Bitcoin spot market trading volume reaches $300 billion during the volatile October of 2025.
Binance leads with $174 billion in trades, according to recent research.
Traders are demonstrating “highly constructive” actions concerning future market stability.
In “Uptober” 2025, Bitcoin (BTC) exchanges recorded a massive $300 billion in spot trading volume.
New insights from the onchain analytics platform CryptoQuant indicate that even amidst BTC price lows, the market remains “healthy.”
Binance spearheads the Bitcoin spot volume recovery
Despite the price falling nearly 20% from its all-time high, Bitcoin exchanges have seen consistent spot trading volume throughout the month.
By compiling spot-market data from global exchanges, CryptoQuant confirms that total spot volume so far in October surpasses $300 billion.
“This October has brought a renewed influx of interest in the spot market, especially on Binance,” contributor Darkfost mentioned in a recent “Quicktake” blog entry.
“Major exchanges have reported over $300B in Bitcoin spot volume this month, with Binance contributing $174B, marking it as the second-highest month of the year.”
These numbers signify a positive outlook for Bitcoin enthusiasts, as markets driven by spot trading are typically more resilient to short-term volatility compared to those dominated by derivatives.
“This trend underscores increasing participation from both retail investors and institutional traders, highlighting a growing activity in the spot market,” Darkfost remarked.
BTC spot volume trend viewed as “highly constructive”
As reported by Cointelegraph, Bitcoin’s rapid decline from all-time highs earlier this month eliminated a substantial amount of derivatives open interest (OI).
Related: Bitcoin vs. history: BTC price hints at 7% gains as ‘golden week’ concludes
This incident also led to the liquidation of a record $20 billion in long and short positions, with some experts suggesting the actual figure could be even higher.
CryptoQuant now believes that traders have reverted to spot markets in response.
“This is a highly constructive sign,” the blog post concluded.
“A market more influenced by spot trading than derivatives is generally more stable and healthier, being less susceptible to extreme volatility from excessive open interest expansion. It indicates stronger organic demand and overall market resilience.”
Following the decline, leveraged traders experienced varied fortunes due to market fluctuations.
This article is not investment advice or recommendations. Every investment and trading decision carries risks, and readers should conduct their own research before making any choices.
