June 18, 2024

Trading volume on Bakkt has updated the maximum amid falling Bitcoin

The number of monthly futures traded on Bakkt has updated its all-time high at 1863 BTC ($ 13.4 million).

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It is noteworthy that the next record on this adjustable platform was recorded against the backdrop of a rapid drop in bitcoin, the price of which at some point fell below $ 7,000.

Trading volume on Bakkt has updated the maximum amid falling Bitcoin

Four-hour chart of BTC / USD exchange Bitstamp from TradingView

According to the Rekto service, over the past day on the BitMEX crypto-derivative exchange, positions on the unlimited XBT swap for $ 220 million have been liquidated.

Bakkt's previous record at 1741 was recorded on November 9th. That day, the price of bitcoin failed the $ 9000 level.

Also earlier, ForkLog reported that hedge fund short positions reached historic highs on the CME.