> Daily transactional BTC value has been in the billions for months That's absolutely true but what you cannot tell is how much actual liquidity exists. I was

> Daily transactional BTC value has been in the billions for months That's absolutely true but what you cannot tell is how much actual liquidity exists. I was playing around with algorithmic trading this summer and would routinely have days where my personal transactional volume would exceed $500k and I was only playing with $2.5k. Just a lot of very short duration (sometimes holding for mere seconds) trades and I always took the maker side to avoid paying any fees.