JorgeStolfi
Hero Member
*****
Offline Offline

Activity: 910
Merit: 1002



View Profile Personal Message (Offline)

Ignore
March 06, 2014, 05:00:38 AM

The total trade volume today (Wednesday Mar/05 00:00-23:59 UTC) on the exchanges that I monitor was ~524 kBTC, on the same level as the previous two days, almost exactly one half of the peak on Feb/25.

Volume in the Chinese exchanges increased 16% compared to yesterday (from 422 to 490 kBTC).  While Huobi decreased 27% (from 268 to 196), OKCoin jumped 108% (from 137 to 286) and surpassed Huobi by a large margin.  Indeed today's volume at OKCoin was the second largest in its history.  BTC-China and Bter fell by about 50%, and are still insignificant compared to the other two.

On the other hand, volume outside China fell 60% (from 85 to 34 kBTC).   The decrements at the three largest exchanges were  55% at Bitstamp, 61% at BTC-e, and 67% at Bitfinex.  Bitstamp is again the largest, but BTC-e is a close second, and Bitfinex a more detched third.

With these changes, the Chinese slice of the total volume rose to a historical record, 94%.