CEX Spot Trading Volume Declines for Five Consecutive Months

South Korea's Bitcoin vault strategy faces setbacks, Bitmax stock price plummets 88%, forced to reduce capital

Bitmax announces a 1-for-4 share consolidation to eliminate losses, but the stock still drops over 10%. The company's financial situation has worsened, with total debt skyrocketing to $74 million within nine months, mainly due to convertible bond financing used to purchase Bitcoin. This strategy has generally failed among other small-cap companies in Korea, highlighting structural issues related to lack of resources and trust.

SharpLink reports a loss of $734 million; Ethereum holdings remain solid

SharpLink Inc. reported a net loss of $734.6 million in 2025, mainly due to unrealized losses caused by the decline in Ethereum prices. Nevertheless, the company's actual revenue grew significantly, expected to reach $28.1 million, and institutional ownership increased from 6% to 46%. This reflects market recognition of its long-term ETH treasury strategy.

February Trading Platform Data: CEX Spot Trading Volume Increased by 4.8% Month-over-Month, Perp DEX Contract Trading Volume Decreased by 7.4% Month-over-Month

Gate News Report, March 10 — According to statistical data, the spot trading volume of mainstream CEXs in February 2026 increased by 4.8% compared to January 2026, and the perpetual contract trading volume increased by 17.4% compared to January 2026. During the same period, the perpetual contract trading volume of mainstream Perp DEXs decreased by 7.4% compared to January 2026, but website traffic increased by 33.53%.

ROBO (Fabric Protocol) 24-hour increase of 15.99%

Gate News Report, March 10 — According to Gate market data, at the time of press, ROBO (Fabric Protocol) is trading at $0.05, up 15.99% in the past 24 hours, reaching a high of $0.06 and a low of $0.04. The 24-hour trading volume is $76.2 million. The current market capitalization is approximately $109 million, an increase of $15 million from yesterday. Fabric Foundation is an independent non-profit organization dedicated to advancing open robotics and general artificial intelligence development. The organization focuses on building governance, economic, and coordination infrastructure to ensure humans and intelligent machines can collaborate safely and efficiently. Its mission is to ensure that intelligent machines expand human opportunities, stay aligned with human intentions, and benefit people worldwide. Fab

XRP Today News: XRP Whale Accumulates 210 Million Tokens, Market Compression Range Indicates a Major Move

XRP has been under continuous pressure this year, but large whales holding between 1 million and 100 million XRP have recently increased their holdings by approximately 210 million coins, indicating that major investors are quietly building positions during the downturn. On the technical side, XRP is forming a contracting wedge between the support at $1.30 and resistance at $1.50, suggesting a potential significant directional move. The low liquidity environment could both amplify gains and increase downside risks. Watching whether the $1.30 support can hold is crucial.

SUI (Sui) up 7.01% in the last 24 hours

Gate News Report, March 10 — According to Gate market data, at the time of press, SUI (Sui) is trading at $0.96, up 7.01% in the past 24 hours. The price reached a high of $0.99 and a low of $0.87, with a 24-hour trading volume of $632 million. The current market capitalization is approximately $3.726 billion, an increase of $244 million compared to yesterday. Sui is a modular decentralized infrastructure platform dedicated to integrating assets, data, permissions ownership, programming, and verification into a complete tech stack. Sui Stack provides developers with a native suite of tools, including asset and service coordination, a trusted data layer, data security, verifiable off-chain computation, liquidity management, and identity management. The platform supports the Move smart contract language,