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TheBlock 2022-12-01 13:57:58

November by the numbers: A look at crypto exchange volumes, open interest, and miner revenue

Quick Take November was marked by the collapse of FTX and Alameda Research, and the subsequent fallout on Genesis and others. Total adjusted on-chain volume increased by 9.9% to $260 billion. Adjusted on-chain volume of stablecoins increased by 58.3% to a new all-time high of $918.6 billion. A total of 53,155 Ethereum, equivalent to $68.6 million, was burned. Monthly volume of N FT marketplaces on Ethereum decreased, by 0.9%, to $381.4 million. Centralized exchange spot trading volumes increased by 23.7% to $672.9 billion.

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