Bitcoin Volatility Is Up, Liquidity Stagnant

Liquidity providers are not rushing in. To measure market makers’ enthusiasm for bitcoin, we turn to network data: the aggregate balances of exchange wallets, as a percentage of bitcoin’s total supply. This measure of exchanges’ bitcoin flows shows some responsiveness to volatility. Year-to-date highs were set in late May and early July, when volatility was on the rise and peaking, respectively.

bitcoin
Bitcoin (BTC) $ 51,445.00
ethereum
Ethereum (ETH) $ 1,649.19
binance-coin
Binance Coin (BNB) $ 258.17
tether
Tether (USDT) $ 1.00
cardano
Cardano (ADA) $ 1.07
polkadot
Polkadot (DOT) $ 34.56
xrp
XRP (XRP) $ 0.473794
litecoin
Litecoin (LTC) $ 200.85
chainlink
Chainlink (LINK) $ 28.17
bitcoin-cash
Bitcoin Cash (BCH) $ 546.70