DeFiance Capital CEO: Currently, marginal venture capital in the crypto market mainly comes from offshore exchanges and South Korean centralized exchanges (CEXs), but the trading volume of these excha

The CEO of DeFiance Capital pointed out that the crypto market should focus on internal supply and demand rather than macroeconomic factors. Traditional financial professionals' bullish sentiment is superficial, with limited actual action. Offshore and South Korean CEXs provide marginal risk capital, but trading volumes continue to decline structurally.