Bitcoin markets show headline liquidity but thin depth in many hours creates execution risks for institutions. 2% depth down ~30% from 2025 highs, $1B liquidity evaporated. 'Toxic' periods amplify slippage. Watch 1% depth & perp funding. $BTC #Crypto
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Bitcoin markets show headline liquidity but thin depth in many hours creates execution risks for institutions. 2% depth down ~30% from 2025 highs, $1B liquidity evaporated. 'Toxic' periods amplify slippage. Watch 1% depth & perp funding. $BTC #Crypto