All Quiet on the Binance Front

This analysis continues the series of studies on the trading anomalies in cryptocurrency exchanges. We have decided to focus on the exchange that appeared only in 2017 but since then has been the leader — Binance. Although there are some examples of suspicious behaviour in Binance, we have not found enough evidence of systematic wash trading.

Read more on our Medium blog.

BNB/USDT - one can see an unexplainable high number of trades that are made every ~125 ms, 400ms, 1000 ms