CEX Fallout = Lack of Liquidity for BTC & Others (Patreon)
Published:
2022-11-16 18:36:01
Imported:
2023-01
Content
There is probably now a severe lack of market depth and liquidity due to the fact that people are draining the crypto of exchanges and people don't trust exchanges.
So any big buy or a big sell order will result in
1) big fluctuations of price
2) big slippage
3) big spreads between bids and asks
So watch for wild fluctuations as we go forward especially during quiet times in the market that could be susceptible to whale manipulation and also peak times can drive peak volatility.
Scalpers be ready!