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：商业)

• ·yas虚拟币价格-yam虚拟币数量
• ·花火币数量
• ·美国主要银行联合推出加密稳定币
• ·什么是虚拟币钱包-什么是虚拟币钱包账户
• ·超过 650 万澳大利亚人投资了比特币等数字资产
• ·10月31日金鹰技术领先灵活配置混合A净值增长0.12%，今年来累计上涨4.08%
• ·虚拟币交易软件名单_榜单前十btc币币交易 排名
• ·10月31日浦银安盛光耀优选混合C净值增长0.68%，近3个月累计上涨17.51%
• ·股票多久到帐-股票多久到帐户里
• ·纳指低开超1% 微软绩后跌超4.6%
• ·sc币今日行情价格-sc币今日行情价格非小号
• ·北京四月份天气怎么样-北京四月份天气怎么样了
• ·Mira 协议如何透过去中心化共识机制，让 AI 更诚实？
• ·10月31日浦银安恒回报定开混合A净值增长0.02%，近3个月累计上涨0.66%
• ·BankSocial 首席执行官在 Ripple 会议后表示，“你对 XRP 的设想还不够宏大，应该将其放大 1,000,000,000 倍”
• ·10月31日国新国证融泽6个月定开混合C净值增长0.35%，近3个月累计上涨4.73%