The crypto market is facing a liquidity crisis! 💧
- According to Kaiko's research, liquidity fragmentation is causing price differences across crypto exchanges.
- Binance.US suffered a liquidity loss after the SEC lawsuit; daily trading volume dropped from $400M to $20M.
- During the sell-off on August 5, price slippage increased as liquidity decreased.
- Significant price differences were seen in the BTC-JPY and BTC-EUR pairs.
- Intensive transactions during the week increase weekend volatility.
Promising developments continue for blockchain technology and cryptocurrencies! 🚀