#washtrades — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #washtrades, aggregated by home.social.
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Whaaattt? Fake trades on PolyMarket?
Researchers at Columbia University identified that ~ 25% of contracts on PolyMarket were “wash trades,”. Wash trade refer to the practice of buying and selling securities without taking a net position, for the purpose of artificially inflating recorded trading volume - aka
manipulate the market.Transaction patterns indicative of wash trading trended upward in July 2024, peaking at nearly 60 percent of volume in December 2024. This activity persisted through late April 2025 before subsiding substantially, and increased again to about 20 percent of volume in early October 2025. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5714122 #Polymarket #Gambling #Trades #WashTrades #MarketManipulation #Crypto #CryptoCurrencies #StableCoin #CryptoWallets #PredictionsMarket #ColumbiaUniversity