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Crypto Market Eats Into US Stock Market Liquidity: SpaceX Stock Trading Accounts for 10.3% of Nasdaq, with Daily Trading Volume Exceeding $5.4 Billion

2026.06.16 13:25:18

On June 16, according to Hyperinsight’s monitoring, trading volume linked to SPCX (SpaceX) in the cryptocurrency market exceeded $5.4 billion over the past 24 hours. For comparison, SpaceX’s trading volume on Nasdaq stood at $46.9 billion, meaning SPCX accounted for 10.3% of that total. By platform, Binance ranked first, contributing approximately $3.2 billion in trading volume; Trade.xyz followed with around $1.1 billion. Over the same 24-hour period, Trade.xyz’s total trading volume hit $3.2 billion, with a position size of $2.93 billion—accounting for 36.8% of Hyperliquid platform’s overall trading volume. Note: Crypto market transactions are mainly contract-based. When calculated without leverage, actual trading volume may decline. However, compared to SpaceX’s US stock trading on Nasdaq, SPCX remains the most prominent asset in the cryptocurrency market.
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