Big liquidity drops on CEXs show self-custody is way up in Q2 of this year
1 min read
Bitcoin liquidity is way down on centralized exchanges, far more than any of the other top coins. That likely indicates a lot of people withdrawing from exchanges and holding their own coins.
BTC within 1% of mid market price down 35% on centralized exchanges
Of the top coins, more poeple left XRP on exchanges than most other coins.
While most exchanges have less liquidity than the beginning of the year, Kraken looks like the clear winner this year:
Eth trading has had a significant boost this year since the Shanghai upgrade, and it looks like that boost has kept it’s trading volume higher since.
But overall, it looks like all the events this year are really encouraging self-custody!
submitted by /u/ChainsofCastamere
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