Ethereum Overtakes Bitcoin in CEX Spot Trading Volume for First Time in 7 Years — August Volume Nears $480B vs BTC $401B
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COINOTAG News (Sept. 4) cites data from The Block indicating that Ethereum outpaced Bitcoin in seven‑day cumulative spot trading volume on centralized exchanges during August — a development not observed in at least seven years.
Over the month, Ethereum’s aggregate spot turnover on major CEXs was close to $480 billion, compared with roughly $401 billion for Bitcoin, with Ethereum maintaining a weekly lead in centralized exchange liquidity metrics throughout August.
The data represent a material shift in on‑exchange trading activity and liquidity distribution on centralized venues; this is a measurable market structure change relevant to order‑book depth and exchange flow analysis, without asserting any unverified future market outcomes.