DASH, is down almost 8% over the past 24 hours coming off it's $100+ million market cap high. This post aims to analyze the evolution of the DASH global order book over the past three days.





DASH order book snapshot August 13th, 16:23 UTC









DASH order book snapshot August 14th, 20:19 UTC











DASH order book snapshot August 15th, 23:14 UTC







Conclusion:

As can be clearly seen in the global order book, supply has jumped by ~22,000 DASH or ~523 BTC. Demand has also grown but by only 79 BTC. So the demand/supply spread has narrowed by 446 BTC. The spread has contracted by almost 50% from yesterday's snapshot. Since demand has held stable it looks as though profit takers are leading this correction.

DASH global order book is pulled from 13 markets on 8 exchanges, Poloniex, Bittrex, C-Cex, Bter, Livecoin, Exmo, Yobit & Bleutrade. These eight exchanges cover 98% percent of the total DASH trading volume.