Glassnode: Gate Ranks Third in BTC Spot Volume, Tops Two-Year Gains

The shift is less about Gate's absolute growth than about how concentrated spot BTC liquidity has become: a single venue nearly quintupling its share in two years implies meaningful redistribution among the largest platforms. That matters for traders who route orders and for anyone tracking where price discovery actually happens, since depth and execution quality follow volume. The open question is whether Gate's top-three presence, held in only nine of the past 24 months, proves durable or reflects episodic flows.