BTC $64,316.82 +1.91%
ETH $1,906.59 +1.18%
BNB $604.86 -0.00%
XRP $0.9998 -0.09%
SOL $75.78 +0.70%
TRX $0.3309 -0.21%
DOGE $0.0702 +0.35%
ADA $0.1738 -2.42%
BCH $204.29 +0.30%
LINK $9.47 +0.56%
HYPE $58.88 +1.81%
AAVE $87.89 +1.23%
SUI $0.6753 -0.18%
XLM $0.1579 +0.32%
ZEC $516.29 +4.95%
BTC $64,316.82 +1.91%
ETH $1,906.59 +1.18%
BNB $604.86 -0.00%
XRP $0.9998 -0.09%
SOL $75.78 +0.70%
TRX $0.3309 -0.21%
DOGE $0.0702 +0.35%
ADA $0.1738 -2.42%
BCH $204.29 +0.30%
LINK $9.47 +0.56%
HYPE $58.88 +1.81%
AAVE $87.89 +1.23%
SUI $0.6753 -0.18%
XLM $0.1579 +0.32%
ZEC $516.29 +4.95%

Kaiko: The Bitcoin premium on Binance.US is a reflection of insufficient market liquidity

2023-05-10 22:05:49

ChainCatcher news, Kaiko data shows that Bitcoin is trading at a 2.5% premium on Binance.US compared to other U.S. exchanges. Blockchain analytics firm Kaiko states that the premium trading of Bitcoin (BTC) on Binance.US is a sign of market illiquidity, rather than evidence of market makers exiting the platform. Speculation about market makers potentially leaving the platform is merely a rumor, as its market depth has not changed.

ChainCatcher previously reported that the trading premium for Bitcoin on the Binance.US market reached as high as $700. (source link)

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