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Yes, the person I was responding to already said wash trading. You're just repeating what he said, you've added nothing to the conversation.

My point was that wash trading isn't the only explanation.

I think wash trading is the explanation. Without regulation these numbers aren’t very useful because of wash trading.

The real question is why only this amount of wash trading and why everyone doesn’t do a billion.

My explanation, on the other hand, also explains why it's not a billion.

So my explanation has more explanatory power than yours.

> The real question is why only this amount of wash trading and why everyone doesn’t do a billion.

You can't fool everyone all the time, but the transactions (volume etc) are likely intended to be realistic enough to fool some people sometimes.