Binance Dominates Bitcoin Liquidity

A recent report by CoinGecko reveals that Binance remains the top exchange when it comes to Bitcoin (BTC) liquidity, controlling approximately 32% of all Bitcoin liquidity across major centralized platforms. Binance's market depth and volume solidify its position as the go-to platform for Bitcoin traders globally.

Bitget Emerges as Altcoin Leader

While Binance maintains supremacy in Bitcoin, Bitget has made significant gains in altcoin liquidity, particularly within the critical mid-spread band where most real-world trading occurs. Bitget even surpassed Binance’s Ethereum (ETH) liquidity on select days, highlighting its growing influence. The exchange commands substantial shares in altcoins like XRP and Solana (SOL), with 32% control at key liquidity points.

Institutional Interest Drives Liquidity Growth

Bitget's CEO, Gracy Chen, credits the platform's success to partnerships with institutional liquidity providers and professional trading firms. She notes that institutions now generate 80% of Bitget's spot volume and have doubled futures activity, indicating a shift towards more sophisticated market participation. This institutional involvement underscores the maturation and health of the crypto market landscape.

Healthy Liquidity Supports Market Maturity

The CoinGecko report emphasizes that all major centralized exchanges demonstrate healthy liquidity levels within realistic trading ranges. This trend indicates an increasingly stable and liquid crypto market, offering traders efficient access to assets and supporting the sector's ongoing development.