Injective DeFi Report: Majority of Crypto Trading Activity Focused on Long-Term Holding Strategy

Injective, the blockchain built for finance, published its DeFi Trader Survey 2023. The research draws from various cryptocurrency trading communities, “aiming to provide a comprehensive understanding of how professionals and amateurs approach cryptocurrency trading, their motivations, and valuable lessons for the wider trading community.” Most respondents (63.8%) trade on “both a centralized and decentralized exchange. 14.7% trade only on centralized exchanges, and 11.2% trade only on decentralized exchanges.” Surprisingly, 10.3% of people “weren’t able to