Suspicious Trading Volumes
“In total we estimated that 87 percent of exchanges’ reported trading volume was potentially suspicious and that 75 percent of exchanges had some form of suspicious activity occurring on them,” the company revealed in a series of tweets on its research findings.

“If each exchange averaged the volume per visit of CoinbasePro, Gemini, Poloniex, Binance, and Kraken, we would expect the real trading volume among the largest 100 exchanges to equal $2.1 billion per day. Currently that number is being reported as $15.9 billion,” added The Tie.

Trading volumes per exchange vs monthly web visits
Manipulation of trading volume data by exchanges has remained an area of concern within the cryptocurrency market. Several factors can artificially grow volume, making it look like there’s demand for a particular digital asset when interest is actually minimal or non-existent. Investors are often lured to exchanges with inflated volumes as that tends to create an element of trust and an impression of liquidity. However, doubts about the integrity of crypto markets could be preventing some professionals from entering the space and prompting closer regulatory scrutiny.

Sourced through Scoop.it from: news.bitcoin.com