$RUNE |THORChain DEX trading volume rose to 3.3 times its usual level ($157 million in 24h vs. a daily average of $47.16 million).
To assess the quality of this volume surge, check three things:
· Is the volume coming from a single popular trading pair?
· Have the number of trades and trading addresses increased as well? If only the volume is up but the number of addresses isn’t, it could be wash trading.
· Do large arbitrage trades account for most of the volume?
Only if all three checks pass can we say that genuine demand is recovering.
#RUNE
To assess the quality of this volume surge, check three things:
· Is the volume coming from a single popular trading pair?
· Have the number of trades and trading addresses increased as well? If only the volume is up but the number of addresses isn’t, it could be wash trading.
· Do large arbitrage trades account for most of the volume?
Only if all three checks pass can we say that genuine demand is recovering.
#RUNE
