Re: EXCHANGE LIQUIDITY: According to CMC's new metric, there ain't much.
There's a huge difference if you compare the top 10 exchange by liquidity and the top 10 by adjusted volume 
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. And, of course, how can it be gamed?
I can only think of exchanges do some more sophisticated wash trading to beat the liquidity metric for now. I guess we will have a better idea once we see the methodology. As I said in my thread, link is still a blank page.