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Ki Young Ju highlights wash trading on Bybit disorting metrics
Ki Young Ju has flagged an issue on the Bybit exchange, where wash trading appears to be occurring.
On the BTCUSD Inverse contract, $5 trades are reportedly happening about 50 times per second. This activity might be artificially distorting market metrics.
The suspicious activity observed on Bybit comes amid shifting market conditions that Ki Young Ju has tracked closely in recent analyses. His prior examination of a potential long-term Bitcoin accumulation zone offers broader perspective on the dynamics shaping such trading patterns. Additionally, recent warnings about profit-taking entering a bear phase underscore the complex factors currently influencing cryptocurrency exchanges.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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