mistatee2000 Posted December 13, 2018 Share Posted December 13, 2018 I have been sceptical for some time regarding "Wash trades" going through certain exchanges and therefore distorting the actual figures for volumes on the exchanges. I realise that this is the cryptocurrency market and that nothing should surprise us, but the following report underscores my concerns Quote The Blockchain Transparency Institute released a research report in August which estimated that over $6 billion dollars in daily trade volume is being faked with over 67% of daily volume being wash traded. https://www.theblockcrypto.com/2018/12/13/analysis-of-cryptocurrency-exchange-traffic-could-results-hint-at-faked-volume/ Now it could be that The Blockchain Transparency Institute is fake too - who knows? hallwaymonitor 1 Link to comment Share on other sites More sharing options...
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