I did a fast estimation to determine what sort of funding you’d want to have the ability to transfer the Bitcoin market within the quick time period, in a selected course.
I checked out Gdax buying and selling information which dealt with about 2.98% of all BTC buying and selling quantity on February twenty sixth, 2018.
On February 26, between 11: 54 PM PST and 11:55 PM PST, the whole quantity traded on Gdax was 65 Bitcoins which was value round $686,440 USD on the time. This resulted in a .557% enhance within the value of Bitcoin.
I picked this specific minute for my instance as a result of it had visibly increased buying and selling quantity in comparison with the minutes earlier than it.(See picture under).
We will now estimate that the whole quantity of Bitcoins traded in ALL markets throughout that 1-minute was about 2181 Bitcoins (~23 million USD value) from the actual fact 65 Bitcoins traded on Gdax represented 2.98% of all Bitcoin commerce quantity on the earth.
The precise complete quantity ought to be decrease since it’s unlikely that each one markets are utterly environment friendly and acquired the identical magnitude of above common quantity like Gdax did throughout that 1-minute in query — However we’ll proceed with this estimation for simplicity.