Ethereum Trading Breaks Records: Binance Dominates, Spot & ETF Activity Soars

November saw a surge in Ethereum trading activity, reaching unprecedented levels. CryptoQuant data reveals that spot volume on exchanges hit $375 billion, fueled by strong institutional interest and the growth of exchange-traded funds (ETFs). Binance played a key role as the dominant platform for trading ETH with $198 billion traded specifically during November alone.