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Fake Volumes in Cryptocurrency Markets – Is This a Problem?

A few months back, Bitwise released a 104-page white paper. which discussed, among others, the manipulation of crypto-markets. In the document, the authors use different methods to analyze and point out the current inconsistencies linked with trading data. One of their points of focus – Reported vs. Actual trading volume of different cryptocurrency exchanges. Their findings were at least surprising, if not shocking, for the crypto community.

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