Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide 
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Analysis
Coinbase’s $70B Bitcoin move made it look like investors were selling — but no one actually did
Bitcoin traders often treat old-coin movement as a sign that long-term holders are waking up. Coinbase’s $69.5 billion BTC migration suggests that signal may be less reliable than it looks.

Analysis
BTC on exchanges falls to new lows since 2018
Currently, less than 12% of all Bitcoin supply is held on exchanges while Binance and Coinbase account for 5.5%.

Stablecoins
Coinbase asks users to convert their USDT to USDC for free
Several stakeholders in the crypto community have questioned Coinbase's motive, with some describing the move as "desperate."
























