Bitcoin spot volume passes $300B in October as traders show 'healthy' pivot

Bitcoin spot market trading volume exceeded $300 billion during the volatile October 2025, according to data from CryptoQuant. Binance accounted for $174 billion of this total, marking it as the second-highest month for volume this year. This surge in spot activity is viewed as a "highly constructive signal" by analysts because a market driven more by spot trading is generally healthier and more stable than one dominated by derivatives, making it less vulnerable to extreme volatility caused by excessive open interest expansion. This trend suggests growing participation from both retail and institutional players who are increasingly active on the spot side following a significant derivatives liquidation event earlier in the month.

(Source：Cointelegraph)