December trading volumes for Bitcoin futures and options surpassed the previous month’s all time highs

Bitcoin • January 10, 2021, 10:34AM EST
UPDATED: July 14, 2021, 12:16PM EDT
The Block

In 2020, December eclipsed November for all-time highs in bitcoin future and options trading volumes, according to data organized by The Block. 

Bitcoin futures trading volumes reached $1.06 trillion in December, increasing 21.6% from November. Binance had the most futures trading volume for bitcoin at 27.9%, followed by Huobi (22.8%) and OKEx (15.4%). 

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Bitcoin options volume grew 18.9% from November to December. Deribit held 82.1%, bit.com had 7.88%, and OKEx retained 7.3% of the total $17.89 billion bitcoin options volume. 

For the other all-time highs December held, subscribe to The Block Research.

About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.

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