On-chain data shows trading volume in the crypto sector has slumped to the lowest level in two years, a sign that investors have turned their attention away from the market.

Crypto Trading Volume Has Seen A Notable Decline

In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the trading volume of crypto assets. The “trading volume” here refers to an indicator that keeps track of the total amount of a given token that’s becoming involved in trading activity on the various centralized exchanges.

When the value of the metric rises, it means exchanges are observing increased activity surrounding the asset. Such a trend implies the token is attracting attention from traders. On the other hand, the…