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Exchange Volumes Report: Many BTC Pairs Have True Volume Under 1% Of Reported Volume

December’s Exchange Volumes Report by the Blockchain Transparency Institute (BTI) reveals that from CoinMarketCap’s top 25 Bitcoin (BTC) trading pairs, most have actual volumes of less than 1% of what is being reported by the exchanges. Known as wash trading, exchanges and traders use bots and automated tools to wash trade in order to inflate the […]

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