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Each coin's 14-day hourly volume, measured on the median day rather than the average, summed into four UTC sessions: Asia 00-08 Europe 08-14 US 14-22 Off-peak 22-24. Diffuse means liquidity is flat across the day and no session is "best"; Event-driven means the volume is bursts, not a clock habit. A ~ marks a weak claim and ⚑ marks a disagreement between the origin research and the tape.
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