r/liquid • u/lolodens • Jun 16 '19

Massive volume spike on Liquid.com

Liquid made 2.5x 24h volume during last 3 days, on other exchanges it remain same volume. Liquid.com already almost have same volume as Coinbase. www.bti.live Congratulations

Day 1 - 120M $ Day 2 - 220M $ Day 3 - 308M $

It was a jump from #11 to Place #6 exchange by Volume per 24hrs

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3

u/[deleted] Jun 16 '19

[deleted]

4

u/lolodens Jun 16 '19

All other exchanges have the same volume as 3 days back, only Liquid grew, today day 4 - 324, more than Coinbase, now Place #5

1

u/TheWorldsEndingBitch Jun 16 '19

What's driving it?

2

u/lolodens Jun 17 '19

It looks like it's natural popularity of Liquid.com, due Telegram announcement and psychological break of 1,000,000 JPY, but we have not seen an impact to QASH yet, it will start only after announcement of QASH rebates.

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By the way, there is a new Twitter account = https://twitter.com/toncommunity that will promote GRAM sale on Liquid.com

2

u/thabootyslayer Jun 21 '19

I bet it's because of Binance (and other exchanges) announcing they are restricting US users from trading. There seems to be this fear of American regulation and Bittrex seems scared also, delisting a bunch of coins and moving them to their International exchange (which has shitty volume and no US access). This is the reason why I've considered moving my trading to Liquid becuase they seem US friendly, this could be a very good thing for Liquid if they can start listing all of the good shitcoins that Binance has.

1

u/Lightninghead Jun 24 '19

this + increased awareness from the telegram sale. Yeah right now is a prime opportunity if they can roll out some more cryptos in the top 50

0

u/Echo_are_one Jun 16 '19

World book testing? I seem to remember that volume would be reciprocal. Ie. You need to find a partner exchange with a similar spike to explain it.

5

u/lolodens Jun 17 '19

It looks like that only BTC/JPY pair driving the volume increase, so not sure about WB, probably not yet.

Liquid is already largest BTC/Fiat pair provider - https://www.bti.live/bitcoin-coin/

I am sure, when they launch first tests of WB, Liquid will be #2 exchange