I wanted to share a study I found while researching the effect of changes in Monetary base on Exchanges after Covid-19.

PS: I am aware that not all of the FED's money supply goes to Crypto. Since the amount of money entering other exchanges = the amount of money printed by other countries, I ignored it for simplicity.
To summarize, it has been used as a reference exchange since the crypto exchange will be most affected by this Dump.
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