- VOXEL futures on Bitget hit $12.7B in 24h, outpacing Bitcoin’s $ 4.76 B. Bitget investigates a possible bot glitch.
- Bitget sees VOXEL volume surpass Bitcoin. $12.7B traded in 24h as token price jumps 179%.
- Bitget reports abnormal VOXEL/USDT trading activity. Volume hits $12.7B, triggering internal review.
The VOXEL/USDT futures contract on Bitget produced an exceptional trading volume of $12.7 billion during its 24-hour session on April 19, 2025. Bitcoin futures trading on Bitget achieved $4.76 billion during this period, while VOXEL/USDT futures amounted to $12.7 billion. Such a massive divergence in volume for the same period has caused analysts to doubt its origins.
A Bitget spokesperson confirmed the irregularity, and his team began investigating sources of abnormal trading activity on the exchange. The exchange declared that its platform services, such as trading, deposits, and withdrawals, worked correctly at this time. The service notes that user accounts might be inaccessible because of active risk management procedures.
Bitget’s VOXEL Price Swings Spark Market Reaction
The VOXEL trading increase was directly related to severe market price fluctuations. During 24 hours, the token value increased by 179%, jumping from $0.0415 to $0.1166. VOXEL increased by 127% within two hours before continuing its growth at 235%, reaching $0.1790 during the subsequent four hours.
Bitget Bot is suspected to have a malfunction. The 24-hour trading volume of VOXEL/USDT contracts exceeds that of BTC. The Bitget responded that it has noticed the relevant abnormal trading behavior and is investigating. Some users may be restricted due to risk control measures.…
— Wu Blockchain (@WuBlockchain) April 20, 2025
The price momentum experienced a sudden decline. In 13 hours, the price performed a significant correction, dropping 50% from its peak. At present, VOXEL holds a trading position at $0.0897. The token’s current market capitalisation reaches $21.8 million, and the 24-hour trading volume surpasses $400 million.
Market Concerns and Community Reactions
The crypto analyst alerted users regarding suspicious market activities involving VOXEL. VOXEL’s market capitalisation of $15 million enabled the token to process over $700 million in futures trades across the exchange. His comments about AERGO led him to alert traders about high-volume fluctuations in low-market capitalisation tokens.
The turn-based RPG game Voxie Tactics uses its free-to-play native token, VOXEL, for its retro gameplay and modern design. The game presents exploration and combat content to pursue broad gaming customer engagement.
The source of the sudden increase in the VOXEL trading volume cannot be identified. The exchange will issue immediate updates about additional information that becomes available. According to the exchange, trading activities should proceed with extreme care while traders watch for sudden token price shifts and irregular trading volumes.
The incident garnered attention to system questions about automated trading while showing potential risks from large, unmanaged spikes in trading volume, especially within future domains. Researchers track Bitget’s investigation to uncover why the spike happened due to a system failure or an additional cause.
