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That's not true, the crypto market is very liquid nowadays. Around 22 billion dollar volume for Ethereum in the last 24 hours for example and multiple known bil
by olalonde 4y ago
That's not true, the crypto market is very liquid nowadays. Around 22 billion dollar volume for Ethereum in the last 24 hours for example and multiple known billion-dollar trades (Tesla, MicroStrategy, etc.). He probably could have liquidated all of his ETH by now if he had wanted to. And definitely enough not to have to live out of a backpack.
- marginalia_nu 4y agoHow much of that is wash trading?
- olalonde 4y agoIt's difficult to know for sure but even if we pick a ridiculously high number, like 90%, we're still in the multi-billion dollar daily volume range.