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From Bakkt weekly historical data, look at the behavior of institutions trading bitcoin

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From 45 to 47 weeks, bitcoin prices fall, open interest dwindls, and long and short positions begin to unwind.

According to BakktBot data, Bakkt, a compliant bitcoin futures exchange owned by ICE, had a weekly Volume of $125 million and an Open Interest of $4.3 million from November 25 to December 1, 2019, both the highest in history.

As can be seen from the chart, Bakkt trading volume and open interest volume have been on the rise since September 23. From 45 to 47 weeks, bitcoin prices fall, open interest dwindls, and long and short positions begin to unwind. Week 48, open interest increased, the admission of institutions, but only from the trading volume can not see the long and short of the wall and eat the behavior, can not judge the market trend.

28 OuKuaiLvDong BlockBeats 曾报道，11 month 日，Bakkt DeChanRiJiaoYiLiangChaoGuoLe 4250 美元，为 Bakkt 上线后单日最大交易量。