February 9, 2023

Bakkt trading volume up 260%

Bakkt trading volume up 260%

Bakkt's institutional platform recently set a new record for trading volume on the exchange.

According to Bakkt 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.

Recall that on October 23, the exchange managed to sell only 640 contracts, but at that time such a result was considered a record.

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

Bakkt trading volume up 260%

According to analysts, such trading volumes are directly related to the news of the recent statement by the Chinese president.

According to the materials cointelegraph.com