Binance Leads Bitcoin Spot Volume Rebound With $174 Billion in October

Key points:

• Bitcoin spot market trading volume reaches $300 billion in volatile October 2025.

• New research reveals that Binance leads the pack with $174 billion in trades.

• Traders show “very constructive” behavior regarding future market stability.

Bitcoin (BTC) exchanges saw a massive $300 billion spot trading volume during “Uptober” of 2025.

New data from onchain analytics platform Cryptoquant It shows that even though Bitcoin prices are falling, the market is still “healthy.”

Binance leads Bitcoin spot trading volume rebound

Bitcoin exchanges saw no decline in spot trading volume this month, despite the price falling nearly 20% from its all-time high.

By collecting spot market data from various global exchanges, CryptoQuant reveals that so far in October, total spot trading volume has exceeded $300 billion.

“October of this year saw a renewed increase in interest in the spot market, especially in Binance,” contributor Darkfost wrote in one of his reports.Fast take“Blog posts.

“Major exchanges recorded over $300 billion in spot Bitcoin trading volume this month, with $174 billion coming from Binance alone, making it the second highest month of the year.”

These numbers are important for Bitcoin bulls, as a market based on the spot price tends to be more resistant to short-term volatility than a market where derivatives account for the majority of volume.

“This trend highlights the growing participation from both retailers and institutional players, who appear increasingly active on the spot side,” Darkvost added.

BTC spot trading volume trend ‘very constructive’

As Cointelegraph reported, Bitcoin’s rapid decline from all-time highs earlier in the month wiped out a large portion of open interest (OI) derivatives contracts.

Related to: Bitcoin vs. History: Bitcoin Price Gains 7% as ‘Golden Week’ Ends

The event also liquidated a record $20 billion of long and short positions, with commentators skeptical that the actual total was much higher.

CryptoQuant now says traders have returned to spot markets as a result.

“This is a very constructive signal,” the blog post concluded.

“A market that is driven more by spot trading than derivatives is generally healthier and more stable, because it is less susceptible to extreme volatility caused by excessive open interest expansion. It also reflects stronger organic demand and greater overall market resilience.”

Since the decline, traders using leverage have made various gains and lost a lot as a result of market volatility.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.