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:财富观察)
- ·火币网跑路
- ·比特币价格图表开始看涨 或导致ADA、QNT、RNDR和RPL突破看涨信号
- ·qq股票诈骗-qq 股票
- ·Circle announces partnership with Sony's second layer network Soneium to introduce USDC stablecoin
- ·blockchain怎么提现 blockchain怎么提现人民币
- ·公积金贷款担保人变更的流程是什么?我想变更我贷款的担保人。
- ·什么什么有雨也不多-什么什么有雨也不多的成语
- ·bsn币行情
- ·The Federal Reserve cuts interest rates by two codes in one go! Powell emphasizes that the economy is not in recession, it is just being 'recalibrated'
- ·区块链电子钱包怎么用-区块链电子钱包怎么用的
- ·股权激励会计怎么处理
- ·广发的信用卡额度被减还能恢复吗?一般是什么原因被降低额度啊?
- ·小微企业所得税汇算清缴报表怎么选
- ·ocoin币行情
- ·火币网积分
- ·eth有钱包吗-eth的钱包
- · 虚拟货币交易
- · OK交易所官网入口登录
- · okx官方
- ·欧易交易所下载
- · 数字货币交易所
- · 欧易正规
- · okx交易所app官网
- · 欧易开户
- · 0kx交易所官网
- ·库神钱包在那能买到
- ·比特币2025年5月目标价预测:机构资本推动下能否触及25万美元?
- ·Facing the development of the memory blockchain industry, He Yi: If we have different opinions, then you may be right
- ·欧洲央行发布数字欧元原型设计工作结果摘要!最快今年秋季试行
- ·Major Russian banks will be required to provide customers with digital ruble trading channels by July next year
- ·观点:摧毁「四年周期」论,加密货币才能真正跨越鸿沟
- ·台州市公积金贷款申请流程是怎样的 ?不了解台州市的。
- ·eos币今日行情美元
- ·知乎火币网
- ·各大科技公司在财报电话会议中提到了人工智能次数急剧增长