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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
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