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Small amounts of money can have outsized effect on a market if it’s thinly traded, which crypto markets tend to be.
by srdev 9y ago
Small amounts of money can have outsized effect on a market if it’s thinly traded, which crypto markets tend to be.
- josephagoss 9y agoVolume of trades from exchanges show that daily 5% of the market cap is traded. (About $25 billion traded vs $500 billion market cap) How does this compare to Apple or another large stock?