Post by Bitwise on X
Bitwise@Bitwise
X1/ New Research from us @bitwise.
As part of 226 slides presented to the SEC on our ETF filing, we did a first-of-its-kind analysis of *order book data* from all 81 exchanges reporting >$1M in BTC volume on CMC.
TLDR: 95% of reported volume is fake but LOTS of good news!

2.4K likes122 repliesPosted Mar 22, 2019