#ethup70%inq3butliquidityfalls
💥 $ETH rallied roughly 70% in Q3 — but its liquidity got thinner.
Ethereum crushed Bitcoin’s 42% Q3 gain, yet the liquidity underneath the move tells a different story.
According to CoinGecko data, ETH’s median daily market depth was only around 35%–45% of Bitcoin’s between July 6 and September 30.
A year earlier, that ratio was at least 60%.
Why does that matter?
Thinner order books can mean larger price reactions when significant buying or selling hits the market.
That doesn’t automatically make ETH bearish. But with strong momentum and weaker relative liquidity, moves can become sharper in either direction.
👀 Watch $ETH market depth + trading volume closely.
| $BTC
#ETH #BTC #defi #CryptoNews
💥 $ETH rallied roughly 70% in Q3 — but its liquidity got thinner.
Ethereum crushed Bitcoin’s 42% Q3 gain, yet the liquidity underneath the move tells a different story.
According to CoinGecko data, ETH’s median daily market depth was only around 35%–45% of Bitcoin’s between July 6 and September 30.
A year earlier, that ratio was at least 60%.
Why does that matter?
Thinner order books can mean larger price reactions when significant buying or selling hits the market.
That doesn’t automatically make ETH bearish. But with strong momentum and weaker relative liquidity, moves can become sharper in either direction.
👀 Watch $ETH market depth + trading volume closely.
| $BTC
#ETH #BTC #defi #CryptoNews
