This might be the lowest volume and volatility day the crypto industry has seen in a loooong time. I can't remember the last time BitMEX traded under $1B and Bitfinex under $50m.
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I'm guessing before the May pump?
The sweet is never as sweet without the sour.
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I would assume there's no reason to think the percentage of fake volume has gone down with the reported volume. When you take out the fake volume, from the already low volume, you're left with a pretty sad number.
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