Definition
The amount of bids and asks inside 2% of the mid-price for USD(T) pairs.
Fast Take
- Order-book depth within the crypto marketplace for Bitcoin and Ethereum hits new lows, even decrease than the degrees post-FTX collapse.
- A serious concern is an illiquid market that may have ramifications each to the upside and draw back.
- In keeping with Kaiko, the market depth is now the bottom for the reason that Terra collapse, which has dropped over 50% since October for each Bitcoin and Ethereum.
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