ShillGuard | $SGT

📰 NEWS: Crypto's market structure is changing fast. Spot volume across the 17 largest CEXs fell to $2.3T in Q2, down from $3.1T in Q1, but on chain trading reached a record 24% of spot volume in July, up from below 10% in 2024. Meanwhile, the 10 largest CEXs processed $12.7T in perpetuals, while tokenized stocks generated $15.1B in volume in Q1 alone, making traditional exchange volume a weaker signal of crypto market activity than it used to be. 🔄 https://x.com/ShillGuard/status/2086078245544284404