BTC100 CNY exchange reports 80,000btc 24hr volume

[jwzguy]

I check it about 5 times a day minimum. 

Chinese volume is 72% of the market if you believe BTC100 did 20k of vol in the last 24 hours. But even if you exclude them, it's still over 55%.

This still represents only a tiny fraction of the adoption level per capita in the US. When it really arrives they will have over 99% of the volume.

[bernard75]

When it really arrives they will have over 99% of the volume.

Agreed, and no matter what is happening @ BTC100, the word is getting around there.

[TERA]

Here we go. It's 72,000 btc again.

Either it's a bug or the whales are secretly using this exchange as an escrow service to make giant trades on the downlow. ("hey if you put a 70,000btc ask on this unknown chinese exchange I'll buy it")

[jl2012]

Trading 72,000BTC in 24 hours with only 2% price movement (855-875)? Really don't understand why people are so obsessed with such blatant fake volume.