BTC 2% Market Depth Up 40% Year to Date... 'Alameda Gap' Closing
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Crypto market insights platform Unfolded, citing data from Kaiko, reports that "Bitcoin 2% market depth (the total number of buy and sell orders in the order book within 2% of the market price) on major centralized exchanges (CEXs) is up 40% year to date, temporarily regaining the $4.7 billion level that was the average before the FTX collapse. The "Alameda Gap" - the liquidity shortage caused by FTX and Alameda - is over.
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