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This code shows how the LooksRare wash trade simulation is done as described in my article here by changing one of the three moving components:
- u: Individual trader’s volume in $ETH
- v: Total daily volume in $ETH
- e/l: $ETH/$LOOKS exchange rate, where e is Ether’s price in USD and l is LOOKS price in USD
For explanation of what wash trade is and the analytical metrics including the daily trade volume, top 10 wash traders, see my CoinTelegraph artilce here and my Dune Analytics dashboarde here.
