Report: Daily average volume declines in most second-tier exchanges in November

Today, the official public account of the Token Research Institute released a report entitled "Regulatory Attacks, Second-tier Exchanges Are Hard to Live". The report mentioned that in November, the average daily transaction volume and website visits of most second-tier exchanges such as BW.com, Biki, MXC, and FCoin declined to varying degrees. The business of mainstream exchanges has also been affected to some extent, and OKEx has even removed some of its tokens, causing website traffic to drop by nearly 30%. In addition, Coinbase Pro held 970,200 BTC in November, far exceeding other exchanges.