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5) On OKEx/Huobi: yeah again not saying they're 100% perfect but anyone who actually really uses the platforms knows they have a fuck-ton of real flow. For a while OKEx was as much as 50% of all informed flow in crypto!!!!!
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I see where you're coming from there--it's not displayed very clearly! We don't claim 100%, though; from the report: "The reason we use such coarse numbers (approximating everything between entirely fake and entirely real as .5) is a reflection of the uncertainty...