Exploring the FBI’s “entrapment” operation: Wash trading is prevalent from DEX to CEX
If we peel off the fig leaf of market makers, we will find that market manipulation in the crypto field is widespread.
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If we peel off the fig leaf of market makers, we will find that market manipulation in the crypto field is widespread.
While DEX trading volumes have declined since their 2024 peak, they still hover around $20 billion to $25 billion per week, a 100% increase compared to last year.
In the past 24 hours, many new hot currencies and topics have appeared in the market, and it is very likely that they will be the next opportunity to make money.
Solana DEX Hits $2.85 Billion Trading Volume: 150% Surge. Solana Emerges as Third-Largest Blockchain Network, Flourishing DeFi Ecosystem.
Solana's Jupiter DEX achieves a record $520 million daily trading volume, surpassing Uniswap v3's Ethereum market. Solana's native cryptocurrency (SOL) experiences a resurgence, reaching $100, while Jupiter prepares for the launch of its native JUP token.
Solana's DEXs withstand a 32% DeFi volume drop, showing only a 4% dip. Despite challenges, Solana's dominance in the market grows, marking significant yearly growth. Analysts warn of a potential price decline, emphasizing the need for cautious market navigation.
The exchange attributed Market Maker Program for the trading volumes.
Volumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows.
Crypto trading bots leverage automation to eliminate the technical barriers for new investors.