Crypto data analytics provider: leverage plays an important role in exaggerating cryptocurrency trading volumes

In the cryptocurrency space, an important metric has always been transaction volume. However, there have always been problems with submitting real numbers in this area. Encrypted data analysis provider Skew said that leverage in cryptocurrency margin trading may play an important role in exaggerating transaction volumes. The provider shared on Bitflyer's trading volume chart over a period of time on Twitter today and stated that the trading volume was mainly the result of leverage-when the Financial Services Authority (FSA) on May 28 lifted the leverage cap From 15 times to 4 times, we can see that Bitflyer's trading volume changes last year.