The liquidity gap in the cryptocurrency market, known as the "Alameda gap," has officially closed two years after the collapse of Alameda Research, according to Kaiko. This is seen as an important milestone for the crypto industry, showing its resilience and recovery. U.S.-based exchanges, including Coinbase, played a crucial role in closing this gap, as indicated by the Bitcoin 1% Depth on U.S. Exchanges indicator. The collapse of Alameda Research was a significant event that revealed vulnerabilities in centralized exchanges and trading firms.
- Content Editor ( bitcoinworld.co.in )
- 2024-11-28
‘Alameda Gap’ in Liquidity Fully Closes After Two Years