For some reason, maybe I just don't know why, lately I see very low trading volume for BTC in Binance.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FLpG3FJw%2Flow-volume.png&t=665&c=uukHvtLKBmDpMg)
I've quickly checked other exchanges, they are also do not have more volume comparing let's say 1.5 month ago.
So why do you think volume is so lo and what does it mean for the market? Is there more and more people hodling or something else going on there?
First, the Volume of trading depends on the participants of the market as a whole. It is not on the exchange you are using. The exchange is the shop you are buying and selling the only difference it can give compare to others is the spread, leverage available, and the market price execution.
Low volume or consolidation in the marketplace simply means that there is still no participation of institutional funds or what traders call the "whales". They still don't participate. Probably because of the current market condition, seasonal tendency, the introduction of CBDC, and many fundamental. Technically and chart speaking, it's just a matter of liquidity.
When there is a big spike in price going higher or lower, then it is a sign of participation of large funds.