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16273932 No.16273932 [Reply] [Original]

During the peak of previous bull, ETH had gone to$1400 but the volume was just around$8B. Now it's at $180 and the volume is higher than the previous bull run and has been increasing since inception. Does this mean whales are accumulating ?

>> No.16273991

>>16273932
most of it is wash trading. ETH's real volume would probably be 200 - 300 million at most

>> No.16274000
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16274000

>>16273991
>wash trading after the sec has their eye on every single exchange
>volume higher now than when crypto was the wild west
get a clue faggot. Yes! Whales are accumulating.

>> No.16274009

>>16273932

Eth is only shit out there wich volume is not exchandge volume but by using network utility part so theres that...

>> No.16274014
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16274014

>>16274000
>wash trading after the sec has their eye on every single exchange
Means fucking nothing. SEC can't fucking touch any Chinese exchange without starting WW3. Chinks run this market

>> No.16274042
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16274042

>>16274009
>imagine believing this.

>> No.16274058

>>16273932
Most of it is not even wash trading, but outright fake volume by chink exchanges. CMC is fake af

>> No.16274061

>>16274042
Whats your point here?
31% of network is fucking usdt moving around
9% all eth is locked in defi ppl doing p2p longs, borrowing, leding, minting synthetics etc so yeah...

Im dont think thats good or bad for for eth, acually risky as fuck but its fact

>> No.16274067

Real volume is sub $100mil

>> No.16274068

>>16274000
there are not that many burger exchanges: Coinbase, Poloniex, Bittrex. That's pretty much all. And a few low-volume ones.

>> No.16274106

>>16274068
what exchange do you recommend for outside US? does it make a difference?