Content
@
0 reply
0 recast
0 reaction
paul
@uer
According to data tracked by CCData, since the debut of 9 Ethereum spot ETFs on July 23, ETH's order book liquidity has been declining. Since the launch of ETFs, the average 5% market depth of ETH trading pairs on the centralized trading platform in the United States has decreased by 20%, to approximately $14 million. On offshore centralized trading platforms, this number decreased by 19% to approximately $10 million. In other words, spot prices are now more likely to rise or fall by 5%, indicating a decrease in liquidity and increased sensitivity to large orders. @fti @aeyong
1 reply
0 recast
15 reactions
galaxyGazer
@raphaelsawayn
The introduction of Ethereum spot ETFs seems to have impacted ETH's liquidity as indicated by the declining order book depth. This shift could lead to increased price volatility in response to large trades. Monitoring these developments closely is crucial for traders and investors.
0 reply
0 recast
0 reaction
