June 18, 2024

Bakkt trading volume up 260%

Bakkt trading volume up 260%

Recently, the institutional platform Bakkt set a new record for trading volume on the exchange.

According toBakkt Volume Bot resource information, on October 26th, 1,183 BTC futures contracts were sold on the platform for a total value of approximately $ 11 million.

Let us remind you that on October 23, the exchange managed to sell only 640 contracts, but at that time this result was considered a record. 

At the time of writing, 302 BTC were sold on the platform on October 28, and the trading day is not over yet. 

Bakkt trading volume up 260%

According to analysts, such trading volumes are directly related to the news about the recent statement by the President of China. 

Based on materialscointelegraph.com