📌 Why a $20 billion Bitstamp slump makes Robinhood’s retail app look far weaker than it really is – Bitstamp volume fell 48% from Q1 to Q2, compared with a 25% decline on the Robinhood App. The App metric also began including WonderFi trades in June.
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Bitstamp’s Q2 trading plunged roughly $20 billion, a 48% QoQ drop, making Robinhood’s 25% app volume decline look comparatively exaggerated. Robinhood’s App metric began including WonderFi trades in June, which partly cushioned reported retail weakness.
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