#ethup70%inq3butliquidityfalls Ethereum Outpaced Bitcoin, But its Liquidity
Took a Hit
Ether gained
70% in
the third quarter, beating Bitcoin’s 42% rise, according to CoinGecko.
Yet ethereum:native’s median daily market depth fell sharply compared with the same period last year. Ether held only 35% to 45% of Bitcoin’s market depth between July and September.
ETH had roughly $13 million to $14 million in orders within 0.15% of its market price.
CoinGecko said ETH remains liquid, with most exchanges holding over $1 million per side.$ETH $GTC $RLC
Took a Hit
Ether gained
70% in
the third quarter, beating Bitcoin’s 42% rise, according to CoinGecko.
Yet ethereum:native’s median daily market depth fell sharply compared with the same period last year. Ether held only 35% to 45% of Bitcoin’s market depth between July and September.
ETH had roughly $13 million to $14 million in orders within 0.15% of its market price.
CoinGecko said ETH remains liquid, with most exchanges holding over $1 million per side.$ETH $GTC $RLC
