5 Major Crypto Exchanges Control Lion’s Share of Ethereum Liquidity
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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
As weakness continues in Bitcoin and altcoins, Kaiko has published a report addressing the relevance of market cap and liquidity. Cryptocurrency research company Kaiko evaluated the cryptocurrencies in the top 50, drawing attention to the importance of liquidity. Kaiko said in its report that there is a mismatch between market…
According to a report by Kaiko Research, Bitcoin’s market dominance has increased to 54.9% of the total cryptocurrency market cap, reaching its highest level since April 2021. This increase reflects the growing influence of Bitcoin, particularly on the top 50 altcoins, as it continues to outperform other digital assets during…
OKX, one of the top crypto exchanges, has recently released an exclusive report concerning the progress of decentralized exchanges during 2024. As per OKX’s “The State of DEXs 2025 Report,” the year 2024 saw a pivotal role of DEXs in the wider crypto ecosystem irrespective of the regulatory headwinds. The…