During the sharp price rally, was trading volume especially exaggerated?
All Comments (1)
- Zara扎拉
Zara扎拉:Yes, during the rapid surge phase, trading volume increased significantly in tandem—it really was quite exaggerated. Before mid-August, ENA's daily trading volume was still around $60 million, but by late August when the price rallied sharply, trading volume had expanded to the $1.5 billion to $1.8 billion range. Afterward, trading volume declined somewhat, but the price did not fall back to pre-surge levels. On September 6, CoinGecko showed trading volume of about $512 million, and on September 7, BTCC showed 24-hour trading volume of about 688.878 billion won. I think this data reflects the heat at the time quite well.