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THE DERIVATIVE MARKET IS GETTING HOT WITH HIGHER TRADING VOLUME

Simon by Simon
August 1, 2022
in Latest on-chain data news, On-chain data
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The Volume Future Perpetual Index shows that the future trading volume of the perpetual contracts has kept going up for 3 consecutive days. The value of this Index has increased from only around $21B on July 26th to about $43B on July 28th.

Although the $43B daily future trading volume is not actually impressive, the fact that the volume of the future market has continuously risen for 3 days proves that the future traders are becoming more and more aggressive. This is the signal warning of the upcoming interference of the exchanges to manipulate the BTC price for liquidating opening future contracts.

Thank you for reading the news.

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