Bitcoin Volatility Is Up, Liquidity Stagnant

Cryptocurrency

Liquidity providers are not rushing in. To measure market makers’ enthusiasm for bitcoin, we turn to network data: the aggregate balances of exchange wallets, as a percentage of bitcoin’s total supply. This measure of exchanges’ bitcoin flows shows some responsiveness to volatility. Year-to-date highs were set in late May and early July, when volatility was on the rise and peaking, respectively.

Products You May Like

Articles You May Like

Ripple CTO Explores XRP Impact In Context Of Forgoing IPO
Bankless controversy forces founders to burn tokens and separate from DAO
Nic Carter, other pro-Bitcoiners fight climate impact narrative in new paper
Small music venues fight to keep prices affordable as inflation eats into profits
Appeals court rejects Sam Bankman-Fried’s bid for release

Leave a Reply

Your email address will not be published. Required fields are marked *