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 This article is more than 2 years old...
Bitcoin liquidity situation worsening; volatility expected to be enhanced
Order book continues to dwindle as bank contagion enhances illiquid market
Quick Take
- Order book depth continues to make new lows for Bitcoin; these are now 10-month lows, according to Kaiko.
- A major ramification of an illiquid market can push direction in either way.
- The banking crisis and closure of USD payment rails, crypto banks such as Silvergate and Signature Bank, could be a net benefit in the long run, as it could encourage more people to take self-custody of their Bitcoin when directly buying from an exchange.


















