<p>The BitMEX Insurance Fund has increased to holding over 31,300 bitcoins or approximately $314 million. This means the fund managed by the derivatives exchange BitMEX holds nearly 0.15% of the total supply of bitcoins. The fund has experienced a 50.7% increase from its holdings since the beginning of 2019.</p> <p>The BitMEX Insurance Fund is used to alleviate unfilled liquidation orders on the platform. Due to how BitMEX's platform and products are structured, the exchange <a href="https://blog.bitmex.com/the-bitmex-insurance-fund/">does not require</a> payments from its traders who have negative account balances when they are liquidated in a levered trade. Instead, the exchange uses its Insurance Fund to ensure the winning party of a trade receives their expected profits even if the losing party's losses do not cover the winning party's gains.</p> <p><img class="aligncenter wp-image-37580 size-full" src="https://www.tbstat.com/wp/uploads/2019/08/bitmex.png" alt="" width="1644" height="1014" /></p>