No mater how price moves, up or down, I see everyday less and less XMR on Poloniex sell side. Now imagine when Hardware wallets kicks in. XMR sell side will start looking as DASH one with only few coins on sale.
I've noticed that on Polo. Has anyone followed the volume on Bittrex? How has volume changed there in the past few weeks? I suspect it has increased, and if so, what is your estimate of how much of the increase is new traders vs. polo exodus? Btw I've never had problems on polo other than it taking 6 weeks to get to Level 2.
I dont think talking about last few weeks changes much. Volume increased a lot in 2017. It did also in 2016. Some exchanges was ready for this and accepted all that volume. Some were happy with what they had and did not wanted to grow more.
I think Poloniex have way more traffic and volume as they had in January 2017. Difference is that this volume place them on 6th spot by volume on exchanges. In January 2017 would place them far on first spot. Maybe all this was part of plan to not be biggest exchange. In last 2 years they delisted way more coins then listed.
in general is is way better for Crypto to have 10 similar volume exchanges then one or few super exchanges.