Quick TakeAccording to The Block’s findings, 12 lesser-known exchanges on top of ‘Bitwise 10’ appear to have legitimate, non-negligible volume‘The Block 22’ is a group of 22 exchanges vetted by The Block: LMAX, Bitbank, Coincheck, Zaif and othersThe Block also believes that, despite suspected faking, there is a significant real volume on Huobi, OKEx, Bithumb, Upbit, KuCoin, Coinfloor, Liquid and Gate.ioThe Block 22’ volume peaked in June with $124.2 billion and has since fallen by about 60% to $49.5 billion.
