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

Sponsored
Sponsored
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

Go to Source
Author: coinmaker

kryptonew

Share
Published by
kryptonew

Recent Posts

DOJ Charges Six in Alleged NFT Fraud as Crypto Scam Crackdown Widens

Key Highlights The US Department of Justice charged six individuals accused of running an NFT…

1 hour ago

Crypto.com Launches Regulated Crypto Perpetuals for US Traders

Key Highlights Crypto.com and OG.com launched continuous, non-expiring crypto perpetual contracts for eligible U.S. traders…

1 hour ago

Circle, ACI Explore USDC Settlement in Colombia’s Payment Network

AI SummaryShowCircle and ACI pilot USDC settlement in Colombia, signalling stablecoins’ entry into traditional real‑time…

1 hour ago

CFTC Reopens Polymarket Probe Over Possible Breach of US User Ban Deal

AI SummaryShowCFTC’s renewed probe could force stricter user‑location verification, prompting industry‑wide compliance upgrades.Potential enforcement may…

1 hour ago

VanEck Launches Multi-Asset ETF With 2% Bitcoin Target Allocation

Key Highlights VanEck has introduced the Wealth Builder ETF (WBMO), an actively managed fund investing…

1 hour ago

Elon Musk’s Grok AI Predicts an Unbelievable XRP Price

Elon Musk’s Grok AI predicts an astonishing XRP price by January 1, 2027. It forecasts…

10 hours ago

This website uses cookies.

Read More