Who actually profits from trading volume.
Traders brag about volume, but volume alone rarely gives them an edge. Liquidity providers earn from it whether the price goes up or down.
I often hear traders talking about the volume on a token. "Did you see how much volume, bro?"
But most of the time, knowing or analyzing the volume doesn't give you much of an advantage. Yes, sometimes when the price goes up and the volume drops, that could indicate a downfall soon. But most of the time, nobody can predict the outcome of high volume. So for traders, it's not that important. The market makers, though, make a lot of money when traders generate high volume.
On the night of 10.10, we all saw what could happen when CEX exchanges and market makers become problems. Traders get liquidated and lose money. But do you know who profits from all these up and down moves and high volume? Exactly, liquidity providers. We earn when others trade. We earn regardless of whether the price goes down or up. Not becoming an LP is the worst decision you can make if you're in crypto.
Become an LP, become a market maker, and join the LP Army and @MeteoraAG.