bitFlyer's liquidity just hit #1 globally.
Not Binance. Not Coinbase. A Japanese exchange.
This matters because:
• Deeper order books = tighter spreads
• Less slippage on large trades
• Institutional money follows liquidity
Japan's been quietly stacking while everyone watched US ETFs. Regulatory clarity + domestic demand = real volume.
If you're not watching Asian exchanges in 2025, you're missing the picture.
Not Binance. Not Coinbase. A Japanese exchange.
This matters because:
• Deeper order books = tighter spreads
• Less slippage on large trades
• Institutional money follows liquidity
Japan's been quietly stacking while everyone watched US ETFs. Regulatory clarity + domestic demand = real volume.
If you're not watching Asian exchanges in 2025, you're missing the picture.