To be honest, the Liquidity in the crypto world is gradually dropping. When SBF was around, a lot of the Liquidity was provided by him. That was probably the best time for Liquidity. Later, after SBF passed away, Luna collapsed, Three Arrows Capital went under, and many second-tier exchanges crashed, killing a lot of market makers.
The liquidity in the entire crypto world is currently very weak. The black swan event on October 11 has truly surpassed any previous instance. In the past, BTC would drop 10-20 at most. Altcoins would drop 30-50.
This time many altcoins have dropped 80-90%, which me
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