3 ms·
The daily volume at the beginning of 2017 was $200M USD. The daily volume at the end was $8T USD. $4B over 365 market days is somewhere between 1-4% of the
by wyldfire 9y ago
The daily volume at the beginning of 2017 was $200M USD.
The daily volume at the end was $8T USD. $4B over 365 market days is somewhere between 1-4% of the daily market.
If liquidating their bitcoin tanked the market in 2017, it wasn't too noticable.
- tlrobinson 9y agoI don’t think you can extrapolate liquidity from volume, especially when there are exchanges with very low or zero fees.