Elena Nikulina

Trade-throughs a 1-2% issue with $321 million harm, Alex Thorn notes

Trade-throughs a 1-2% issue with $321 million harm, Alex Thorn notes
SEC finds trade-throughs low market impact

Alex Thorn highlights the findings of a Securities and Exchange Commission study indicating that trade-throughs represented only a 1-2% occurrence when measured against displayed size, resulting in an estimated $321 million in harm compared to $16.8 trillion in annual trading volume.

He notes that the SEC referred to this impact as merely a rounding error, suggesting the effect was minor within the broader context of market activity.

Thorn has recently covered other developments in crypto markets. He reported that more 2011 coins from a New York state lost-and-found case are now active and moving onchain. In a recent update, he also noted that Satoshi era coins were transferred but are not thought to be linked to Satoshi. These updates follow a pattern of tracking significant onchain movements.

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