3 ms·
What's so suspicious about the distribution on that graph from, say, ExRates? It's far from uniform, looks plenty ragged and random to me. Though I can't read
by dmurray 3y ago
What's so suspicious about the distribution on that graph from, say, ExRates?
It's far from uniform, looks plenty ragged and random to me. Though I can't read the axes so I may be misinterpreting it.
- mlerner 3y agoThe x-axis is size of trade, and the y-axis is % of trades at a specific size. ExRates had _many_ large trades, which shows up as a significantly different distribution than other exchanges like Coinbase/Bitstamp/Kraken (which had many small trades, and a long tail of larger size trades). See slide 42-44 here: https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca201901-5164833-183434.pdf https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca2...