VELVET surges 35.34% as derivatives volume jumps more than 5,300%

VELVET climbed 35.34% as trading activity accelerated across both spot and derivatives markets, led by a derivatives volume increase of more than 5,300%. The move signals a sharp rise in speculative interest, with higher turnover in leveraged products often indicating traders are positioning for larger price swings. The rally was also supported by a 65.81% increase in open interest (the value of outstanding derivatives positions), suggesting fresh capital entered the market alongside the price advance.

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