The liquidity of the Ethereum market has decreased by 20% after the listing of spot ETFs
According to data tracked by digital asset data company CCData, since the listing of the US Ethereum spot exchange traded fund (ETF) on July 23 this year, the market depth of Ethereum (ETH) on the exchange has declined, which is different from the situation of Bitcoin (BTC) after its listing on the spot ETF.
Some analysts predicted last year that spot ETFs would have a net positive impact on market liquidity, making it easier to execute large buy and sell orders at stable prices, which was confirmed in the Bitcoin market. After the Bitcoin spot ETF went public in January this year, the market liquidity of Bitcoin has significantly increased.
However, data tracked by CCData shows that the average 5% market depth of Ethereum trading pairs on centralized exchanges in the United States has decreased by 20% to around $14 million. On offshore centralized exchanges, it decreased by 19% to around $10 million. In other words, it has actually become easier to make spot prices fluctuate by 5% in either direction now, which is a sign of reduced liquidity and increased sensitivity to large orders.
CCData analysts believe that this situation may be due to current market conditions and seasonal influences.
Although the market liquidity of ETH trading pairs on centralized exchanges is still higher than at the beginning of the year, liquidity has decreased by nearly 45% since its peak in June, "said Jacob Joseph, a research analyst at CCData, in an interview with CoinDesk." This may be due to poor market conditions and seasonal effects during the summer, typically accompanied by lower trading activity
This indicator refers to the buying and selling order volume of an asset within a range of 5% above or below the market price. A higher depth indicates stronger liquidity and lower sliding point costs. CCData examined the 5% market depth of all ETH trading pairs across 30 centralized exchanges.
data source
(责任编辑:货币)
- 手把手教你画一本超好看的书!如何画书
- 稳定币有哪几种?2025年十大稳定币盘点
- Bowl是碗?没那么简单!bowl是什么意思
- 分析师:比特币风险评分高达53,或成当前市场更高风险投资
- 2025年十大虚拟币交易APP排行榜介绍
- 属猪的找对象,这几个属相最合拍!属猪和什么属相最配
- KLAY币是什么币种?
- 自己的数字货币钱包
- 海口哪里有海鲜自助餐-海口哪里有海鲜自助餐厅
- bcc行情分析
- 2024年买手机?这篇攻略帮你选!买什么手机比较好
- 分析师:比特币风险评分高达53,或成当前市场更高风险投资
- 虚拟交易平台排名前十的有哪些?靠谱的虚拟交易软件
- PI 的 4 周涨势受到威胁 – 什么将决定下一个价格是否会跌至 0.30 美元
- ico是做什么 ico是什么?
- 极付钱包下载-极付钱包btcc
- 比特币交易所有哪些平台?全球最全面的比特币交易软件盘点
- 最好比特币现金地址在哪下载?全球热门比特币现金地址市场占有率排名
- 区块链怎么投
- zip币今日价格-zip币行情
- 欧易开户 views+
- okx交易所app官网链接 views+
- 数字货币交易所 views+
- 亿欧app下载 views+
- 虚拟货币交易平台有哪些 views+
- okcoin下载官方app views+
- okb交易所官网 views+
- 欧易正规 views+
- 欧亿交易所怎么样。 views+
- 数字货币交易平台app views+