Re: [2018-07-12] Bitcoin Futures Volume Spike As Cboe Awaits ETF Decision
~snip~
if there is one platform highly correlated with manipulation, then it's BitMex.
BitMex's current volume is $1.8 billion for the last 24 hours, but they have had days with $4-5 billion in 24h volumes.
Current situation is that traders here are afraid of CBOE & CME's manipulation, but at the same time traders using CBOE & CME are afraid of Bitcoin's manipulation.
if there is one platform highly correlated with manipulation, then it's BitMex.
BitMex's current volume is $1.8 billion for the last 24 hours, but they have had days with $4-5 billion in 24h volumes.
Current situation is that traders here are afraid of CBOE & CME's manipulation, but at the same time traders using CBOE & CME are afraid of Bitcoin's manipulation.
Exactly, BitMex volume seems so big and susceptible to manipulation in order to influence the market.
Traders and whales are different in my perspective, yes both do trade but different in number of capital to gain momentum.
Traders such as villagers and whales act as mafia in the market
. They can invest in every aspect, exchanges, CBOE, CME, even altcoins to drive the wheels and then cash out, extract profit as much as they can. They just need a sign in their trading group to do so.