5 Major Crypto Exchanges Control Lion’s Share of Ethereum Liquidity

A report by Kaiko shows that 72% of ethereum liquidity is concentrated in five crypto exchanges. ETH balances also hit a 5-year low recently. Reports show that 72% of ethereum liquidity is concentrated in five major crypto exchanges. Digital assets data provider Kaiko published a report on May 29 that showed this figure of ETH liquidity is limited to Binance, Bitfinex, OKX, Coinbase, and Kraken. FTX Collapse a Prime Reason for Consolidated Ethereum Liquidity As some of the biggest crypto exchanges in the world, it’s unsurprising that the concentration would be high, but analysts are raising eyebrows at the fact