Category: volume

Institutions Long and Hedge Funds Short: Bitcoin Options Traders Prep for ‘Big Moves’ Ahead

Institutions Long and Hedge Funds Short: Bitcoin Options Traders Prep for ‘Big Moves’ Ahead

Trends in bitcoin options markets are making it difficult for financial analysts to pinpoint BTC’s next move. Data from CME’s recently published trader report shows that institutional investors are capturing a larger number of bitcoin long contracts, while hedge funds are showing an all-time high for bitcoin short contracts. On Tuesday, the price of bitcoin […]

Continue Reading

September by the numbers: A look at crypto exchange volumes, open interest, and miner revenue

September by the numbers: A look at crypto exchange volumes, open interest, and miner revenue

Quick Take Total adjusted on-chain volume, which is a proxy for economic throughput, saw an increase of 18.4% in September to ~$148B Cryptocurrency traded volumes saw an 11.4% decrease in September Transaction fees on Ethereum increased significantly and reached an all-time high of more than 50% of the total miner revenue This research piece is […]

Continue Reading

Cryptocurrency exchanges generated over $169B in trading volumes in September

Cryptocurrency exchanges generated over $169B in trading volumes in September

Cryptocurrency exchanges in The Block’s legitimate volume index reported over $169 billion in volume for the month of September. Last month was the second-highest trading volume month in 2020, as shown in the data below. The largest exchange by trading volume continues to be Binance, which generated $113B in volumes — taking up 66.8% of […]

Continue Reading