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web3/concepts/wash-trading.md

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Wash Trading

The trading of an assets in which the same party both buys and sells the product in order to fake transaction or market manipulate the price of the asset.

References

  • Cong, Lin William, Xi Li, Ke Tang, and Yang Yang. 2020. ‘Crypto Wash Trading’. Available at SSRN 3530220.
  • Vigna, P. 2019. ‘Most Bitcoin Trading Faked by Unregulated Exchanges, Study Finds’. Wall Street Journal.