2025-12-22 10:20:11

The recent pattern of spot trading on the exchange is quite interesting. According to CoinGecko data, the spot trading volume on a certain exchange reached USD 9.2 billion in the past 24 hours, a figure that surprisingly surpassed another leading exchange's USD 8 billion. It sounds impressive, but looking deeper into the data reveals something intriguing—over 80% of that USD 9.2 billion actually came from the NIGHT/USDT trading pair.

The trading volume of the NIGHT cryptocurrency has exceeded 8 billion USD in the last 24 hours, with over 90% of the transaction volume concentrated on a certain exchange, reaching 7.5 billion USD. In simple terms, this significant increase in spot trading volume is mainly driven by a single coin, rather than an overall improvement in the platform's liquidity. This phenomenon is quite common in the crypto market – a particular coin suddenly becomes popular, quickly boosting the overall trading volume data of the exchange. While the volume data looks impressive, the true activity level of the trades and the fundamentals of the platform still need to be carefully analyzed.

NIGHT4,58%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

21 Likes

Reward
21
7
Repost
Share

Comment

0/400

AirdropHarvester

· 2025-12-25 10:20

This NIGHT is too volatile; one coin can support the entire exchange's data. It's really outrageous.

View OriginalReply0

AltcoinHunter

· 2025-12-23 17:05

9.2 billion sounds impressive, but 80% of it is just NIGHT one coin having a good time, which is ridiculous. --- It's just another trick of single coin volume pumping, where's the real liquidity? Good-looking data is useless. --- I just want to know what the deal with NIGHT is, why is it suddenly so strong? It feels like it's inflating the exchange's data. --- The trading volume is artificially inflated; this has already become a routine operation in the crypto world. It looks amazing, but upon closer inspection, it's all just a bubble. --- Single coin driving up the overall volume? Wake up everyone, isn't this just playing people for suckers dressed up as data? --- NIGHT/USDT accounts for 90%, let me ask one question—can this coin still be touched? --- What happened to the promised spot trading landscape? In the end, it's just one coin messing around; how bad must the fundamentals of this platform be? --- The data looks good, but I'm really not interested in studying this single coin-driven volume. --- A typical phenomenon of inflation, the exchange is trying to make one coin's popularity look like overall platform prosperity.

View OriginalReply0

DaoTherapy

· 2025-12-22 10:50

It's just a single coin pump, this data can be greatly inflated.

View OriginalReply0

HashRatePhilosopher

· 2025-12-22 10:50

It's another false prosperity; can the data propped up by a single coin be trusted? --- This round of NIGHT is purely a play to cut suckers, with 90% of the trading volume concentrated on one exchange, which is ridiculous. --- The data looks good, but I really don't believe in this single coin-driven trading volume. --- I just want to know when NIGHT will collapse; at that time, this exchange will revert to its true form. --- That's why I don't look at superficial data; the deeper logic is what truly matters.

View OriginalReply0

RektButStillHere

· 2025-12-22 10:42

9.2 billion sounds impressive, but 80% is supported by just one coin, NIGHT, which is ridiculous. A false prosperity driven by a single coin, just fooling Newbies. NIGHT is truly at the top this time, with 90% of the transactions piled up in one exchange, that's quite centralized. The data may look good, but you really have to question the fundamentals of the exchange. It's the old trick again; when a coin gets hot, the exchange's data follows suit.

View OriginalReply0

WinterWarmthCat

· 2025-12-22 10:34

It's the same old trick again, single coin pump trading volume. NIGHT’s recent surge is a bit outrageous. --- 80% of 9.2 billion comes from a single coin pair? This data is too exaggerated; to put it nicely, it's just a bubble. --- I’ve always said that exchange rankings are just for show; the real key is the liquidity depth. --- How can NIGHT absorb 7.5 billion in volume from the entire exchange? How many institutions are playing this? --- I’ve seen through it; whether trading volume looks good or not is all fake; the key is whether the coin's fundamentals can hold up. --- Single coin driven trading volume is a routine operation; I've seen too many of these flash in the pan spectacles. --- So what's the real story behind NIGHT? Why did it suddenly explode? Is there any insider information that leaked? --- Typical data inflation, with 90% of trading volume concentrated in one exchange, the risk is explosive. --- The liquidity of the NIGHT/USDT pair is certainly fragile; a slight market sell-off can teach people a lesson.

View OriginalReply0

LightningSentry

· 2025-12-22 10:32

It's this same old trick again, the data looks great, but just a little push and it shows its flaws. --- NIGHT is really acting up this time, relying on one coin to support 80% of the volume? Wake up, bro. --- Watching the volume soar, but 90% comes from a single coin, isn't this just a paper tiger? --- It’s always like this, a certain coin skyrockets, and the exchange data looks good, but in reality? Ha. --- Prosperity driven by a single coin, just listen and take it lightly, don’t take it seriously. --- With NIGHT taking up such a large share, it feels like a fireworks show, once it's over, it's over. --- Whether the volume data looks good or not, the key is to see if there’s real liquidity; have you thought this through? --- Starting to tell stories again, 9.2 billion USD in volume, but 80% comes from one coin, absurd.

View OriginalReply0