BitMEX counterfeit products trading volume reached $15 million last week, a record high
BitMEX released data showing that last week was the highest volume of counterfeit products since BitMEX launched options trading. These include: $5 million DOGE, $67,000 SOL, $30,000 XRP and $10,000 BNB. The total notional value is about $15 million
Of these, 47% are bullish, 53% are bearish, and 95% of options expire within a week, indicating a strong preference among traders for short-term trades.