Crypto Enters Q3 With Thinner Liquidity After Q2 Deleveraging

Talos said BTC and ETH long liquidations totaled $8.35 billion in Q2 as crypto markets entered Q3 with less leverage but thinner liquidity. Bitcoin open interest fell 32% from its Q2 peak, and Ether open interest dropped 40%. Talos said Bitcoin 2% order-book depth fell to between $35 million and $40 million by late June.
BTC3.61%
ETH3.80%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned