Whalepool just shared fully open source code of a tool that lets you verify if volume on a few top exchanges is real or fake with some accuracy.

Of course we have that option ie on CoinMarketCap called liquidity, in this case i show BTS as they have loads of exchanges and are based on same code as we are here - graphene.

The liquidity part is the one where they believe the book depth to be real by those. Not super sufficient as can be chated since it goes from API itself but better than nothing.

The also have their algo that tracks other things and this is how they "adjust" volumes + liquidity using their AI/scripts/ideas.

Notice how different it looks now, i pasted only top10 as that shows the proof of concept enough.

Now there is a script which checks Bitcoin markets on Binance, Kraken, Coinbase, Bitfinex, Bilaxy (which has one of top volumes in the world)

If you want to run the tool grab it at - https://github.com/Whalepool/Bitcoin-Volume-Validator and you can read there some of their finds explanations too. Below the video of showing how fake Bolaxy they think is.

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