How accurate are crypto trading volumes?
Could you elaborate on the accuracy of crypto trading volumes, given the complex nature of the cryptocurrency market? I've heard various reports claiming inflated figures, making it challenging to determine the true liquidity and activity within exchanges. Are there reliable metrics or methodologies to assess the authenticity of reported volumes? Additionally, are there any known factors that significantly influence the reported volumes, such as wash trading or exchange incentives? Understanding the credibility of these figures is crucial for investors to make informed decisions in the crypto market.