Definition ∞ An Exchange Volume Spike refers to a sudden and substantial increase in the total amount of a particular cryptocurrency or digital asset traded on an exchange within a defined period. This event signifies heightened market activity and concentrated interest in the asset. It reflects a rapid acceleration in buying and selling pressure.
Context ∞ An exchange volume spike often accompanies significant price movements, whether upward or downward, and can validate the strength of an existing market trend. Such spikes warrant close observation as they may precede further price volatility or signal a significant shift in market sentiment. These events frequently attract attention from both individual and institutional participants.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
