VanEck Bitcoin Spot ETF Daily Trading Volume Reaches $258 Million, a 14-Fold Increase
Eric Balchunas, a Bloomberg analyst, posted on the X platform stating that the trading volume of VanEck Bitcoin Spot ETF (HODL) has reached $258 million today, which is a 14-fold increase compared to the product's average daily trading volume. Moreover, this increase is not attributed to a single large investor but rather from 32,000 individual trades, which is 60 times the average trading volume.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
If Bitcoin drops below $65,000, the mainstream CEX long liquidation intensity will reach 736 million.
Summary of Important Developments on the Evening of March 1
Data: Hyperliquid platform whales currently hold $2.936 billions in positions, with a long-short ratio of 0.97.