Trading volume data indicates that the bitcoin price surge began yesterday at the Onan Exchange

Bitcoin rose sharply yesterday, with a rise of more than $1,000. According to the trading volume data, the amount of transactions in the beginning of the bitcoin increase was very large. According to The Block analysis, at 7:00 am on August 5th, Beijing time, in the top exchange, the currency exchange accounted for 73% of the bitcoin trading volume, which coincided with the beginning of the soaring bitcoin price.