Get Ready to Trade: $10M Competition That Will Make You Question Your Life Choices!

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What to know:

  • Bullish is launching a $14 million trading competition in Q3, with a whopping $10 million for the winner! The rest? Well, it’s like a participation trophy for the rest of the top and regional traders. 🎉
  • This isn’t your grandma’s trading competition! It’s aimed at professional traders, who will be evaluated on profit, risk metrics, and probably how well they can juggle while trading. 🤹‍♂️
  • The event is perfectly timed with the cryptocurrency world’s latest obsession: institutional adoption! It’s like watching a bunch of public companies suddenly decide they need Bitcoin in their lives. 💼

So, here’s the scoop: Cryptocurrency exchange Bullish has decided to throw a trading competition that will take place in Q3 of this year. Because why not? Who doesn’t want to gamble with $14 million on the line?

The total prize pool is a staggering $14 million, with $10 million going to the winner. The rest? Well, it’s like a buffet where everyone gets a little something, but the winner gets the prime rib. 🍖

Unlike those other trading competitions set up by Bybit and BitMEX, which were basically like inviting your friends over for a poker night, this one is for the pros. They’ll be judged on a variety of factors, including profit and risk metrics. So, no pressure, right?

And who will be judging these brave souls? A panel of industry veterans from Annamite Capital, Nine Blocks Capital, Nickel Digital, and AlgoQuant. They might even ask finalists to present their trading strategies. Talk about a high-stakes show-and-tell! 📊

This competition is happening at a time when the cryptocurrency industry is experiencing its largest wave of institutional adoption to date. It’s like watching a bunch of public companies suddenly decide they need Bitcoin in their lives. Trading activity has also mirrored this shift, with the CME setting records earlier this year in terms of volume and open interest. A CoinDesk Indices report in April suggested that institutions were driving Bitcoin dominance earlier this year. So, buckle up, folks! 🚀

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2025-06-11 20:14