This has been their real volume all along. It is old news that their reported volume was seriously inflated.
altho i agree that now there volume data makes more sense
I cannot agree that "This has been their real volume all along"
they have removed leverage and more importantly added trading fees!
its no longer possible for traders to try and flip there 0.5BTC back and forth for 0.0002% profit each time 24/7
all these "scalping bots" are dead in the water.
IMO there "real volume" dropped 50% AND they turned off there own volume generation bot which might of accounted for 50% of there volume, hence the lack of volume seen today.
its unclear if they will remain the leaders by volume, i think a lot of chinese traders might start using other BTC/FIAT exchanges that offer leverage.
but IMO china's exchanges getting hit hard like this, is a net loss on BTC demand since not all of this volume lost was fake.