Hey guys, so i've read a new report on how much of the exchanges volumes are just wash trading and the numbers are way too high for what real users do>.
This is pretty concerning, since the market might not be nearly as stable and mature as we think, it might all be manipulated.
What do you think of the current state of big exchanges and price manipulations that we experience?
my source:
https://www.blockchaintransparency.org/reports/Will,in this situation only things that we can do is hoping thats this are not true and this wash trading are not happen,because the first affected are us lowest investor of cryptocurrency,especially now thay market is still bleeding the more the exchanges manipulate the price,the more we are loosing value of our profit,therefore we should aware into this scenario because many low traders have been affected.