How much volume will move a crypto coin

how much volume will move a crypto coin

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On-chain volume refers to the volume of digital coins transferred to exchange from external venues. As these transactions are written on the blockchain. This information is very useful as crypto trading volume displays how strong the current trend is. For example, if the price movement shows positive dynamics. The largest exchange, Binance, had a total crypto trading volume of about $35 billion, representing a whopping 25% of the entire trading volume of the market.
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Professional Account. Historically, volume peaked during the biggest crashes. In other words, trading volume measures how many market participants are actively buying and selling at any moment and how much they're willing to bet on price movements.