Well wash trading isn't happening via on-chain transactions, that would be exchange volume which isn't measured here (https://www.blockchain.com/explorer/charts/estimated-transaction-volume-usd). There's a lot of cross-border payments it's used for. I don't know what else.
And as a point of reference, Visa was ~38.6 billion USD/day for 2022. So 2 billion/day isn't several orders of magnitude off.
npub1wd…zw0ya
2023-03-02 05:09:29
in reply to nevent1q…cxqv
Author Public Key
npub1wdn82eqxdkcyrssvngchphdhtddt4f4zas2quv99kty4r4r95ajqrzw0yaPublished at
2023-03-02 05:09:29Event JSON
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