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Answer: Fake Volume and programmatic Sales


Zerp_Legend

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Hi @BobWay,

maybe you have already answered this somewhere. According to some reports most volume in the market is actually fake 

https://www.cryptoglobe.com/latest/2019/03/95-of-bitcoin-trading-volume-reported-on-coinmarketcap-is-fake-bitwise-report/

Has Ripple ever talked about this? I mean for example Jed is selling based on volume afaik and if most volume is fake then the selling pressure has actually more impact than one would think :)

 

Edited by BobWay
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