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TechFlow reported, according to a report released by Kaiko, the Bitcoin liquidity gap left by the bankruptcy of FTX and Alameda has now recovered. The gap had persisted for over a year as market makers remained on the sidelines, waiting for sentiment and trading activity to rebound.
As of last week, market depth has nearly fully recovered and returned to the average levels seen before FTX's collapse.
According to a report released by Kaiko, the Bitcoin liquidity gap left by the bankruptcy of FTX and Alameda has now recovered. The gap persisted for over a year as market makers remained cautious, waiting for sentiment and trading activity to rebound. As of last week, market depth has nearly fully recovered and returned to pre-FTX collapse averages.
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