Market makers reducing their risk on Centralized Exchanges (Cex's Said GSR markets/ MD)
> Market makers are leaving space due to losses / lower Revenue
> Low Liquidity Environment
Liquidity providers like Auros, GSR Markets, and Wintermute Trading are diversifying their activity across multiple exchanges, storing more digital assets off trading venues.
Using intermediaries results in a 20%-30% drop in profitability compared to directly depositing on trading sites, says Auros.
Le Shi of Auros mentions the FTX incident as a significant wake-up call. The industry now understands that higher costs are part of the business landscape.
Liquidity concerns: Market's ability to handle large orders without affecting asset prices shows a significant reduction in liquidity.
> Market makers are leaving space due to losses / lower Revenue
> Low Liquidity Environment
Liquidity providers like Auros, GSR Markets, and Wintermute Trading are diversifying their activity across multiple exchanges, storing more digital assets off trading venues.
Using intermediaries results in a 20%-30% drop in profitability compared to directly depositing on trading sites, says Auros.
Le Shi of Auros mentions the FTX incident as a significant wake-up call. The industry now understands that higher costs are part of the business landscape.
Liquidity concerns: Market's ability to handle large orders without affecting asset prices shows a significant reduction in liquidity.
$PERP Unlocks ~$2.44 M (4.77% of M.Cap) in 9days by 15th Sept. (Fully for Advisors/team)
Token is up 120% today.
Token is up 120% today.
Highstreet Treasury and Reserve recently deposited $1 million in $HIGH with Binance at $1.24, totaling $1.24 million.
In total deposited 3.273 million $HIGH coins into Binance at an average price of $1.12, amounting to $3.67 million, over the past 7 days. They still hold 18.75 million $HIGH coins valued at $23.2 million.
In total deposited 3.273 million $HIGH coins into Binance at an average price of $1.12, amounting to $3.67 million, over the past 7 days. They still hold 18.75 million $HIGH coins valued at $23.2 million.
When DWF Labs received $BEL from the Bella Protocol address on 9/1, the price of BEL was $0.51.
5 days later, Now $BEL price reached $0.65, up 27%. / classic
5 days later, Now $BEL price reached $0.65, up 27%. / classic
Alpha
ARK 21Shares files for Ethereum Spot ETF
List of $ETH Recent ETF's Fillings Aug/2023 | Awaiting SEC approvals