Crypto enters Q3 with thinner liquidity but less leverage after Q2 reset: Talos
CoinTelegraph·
60-second summary
Crypto markets enter Q3 with significantly reduced liquidity, following $8.35 billion in long liquidations, which caused Bitcoin and Ether open interest to plummet. Additionally, ETF outflows, decreased Strategy purchases, and declining market depth further exacerbated the liquidity crunch. This reduced liquidity is expected to impact market volatility and trading dynamics.
Bitcoin and Ether open interest fell sharply after $8.35 billion in long liquidations, while ETF outflows, weaker Strategy purchases and declining market depth reduced liquidity.