BitMex Hits New Records, Volume Reaching $16 Billion in a Single Day

in #news5 years ago (edited)

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Recently BitMex reported on Twitter that it hit a record in daily volume as bitcoin went pass $13,000.
BitMex, which is a leading Bitcoin derivative trading platform, topped $16 billion in volume across its products.

A few days ago, after Bitcoin had reached $13,000, BitMex went on Twitter and revealed that their daily volume across all products had touched a $16 billion mark. In detail, BitMex saw more than $1 billion of open interest on XBTUSD market and over $13 billion traded on the XBTUSD pair.
The company CEO, Arthur Hayes excitingly commented:

"XBTUSD perp swap open interest is now in the 3 comma club. Welcome to the 2019 bull fucking market YeeHaw!"

While at the moment, Bitcoin sees a slight correction, few of the trading platforms are seeing similar records. For example, Bitcoin futures trading platform CME group also reported an all-time high trading volume in the last couple of months.

Read more: https://www.coinspeaker.com/bitmex-record-16-billion-volume/

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