Low Liquidity Requires More Careful Interpretation
A token's trading volume can vary significantly between exchanges and market pairs.
That is why a single exchange screenshot should not be used to describe total market liquidity. The Binance Spot figure in the November 4 SHELL snapshot is one specific data point, not a complete representation of every trading venue.
For smaller crypto assets, checking the source, market pair and measurement window is especially important.
#SHELL #CryptoLiquidity #MarketData
A token's trading volume can vary significantly between exchanges and market pairs.
That is why a single exchange screenshot should not be used to describe total market liquidity. The Binance Spot figure in the November 4 SHELL snapshot is one specific data point, not a complete representation of every trading venue.
For smaller crypto assets, checking the source, market pair and measurement window is especially important.
#SHELL #CryptoLiquidity #MarketData