Following the significant liquidation event on October 10, traders have shifted towards a more cautious spot trading approach, according to CryptoQuant analyst Darkfost. This change comes amid ongoing market volatility. Binance, a leading platform in the spot market, has reported a cumulative BTC spot trading volume of $180 trillion. The daily trading volume on Binance has increased from $3 billion to $5 billion in early September to a current range of $5 billion to $10 billion.