Has anyone else noticed the severe drop in liquidity on coinbase pro for BTC/USD?? Order book averaged about $50 million+ in buys all the way down to $2200 up until yesterday. Within the last 24 hours it dropped from $50 million down to barely over $10 million. What happened here?
You posted the same thing yesterday. Order books are irrelevant - whales use APIs.
I am very aware I posted the same thing yesterday, thank you very much for the extremely valuable and insightful response. I come to this forum for such genius responses. Looking forward to your future work.
Has anyone else noticed the severe drop in liquidity on coinbase pro for BTC/USD?? Order book averaged about $50 million+ in buys all the way down to $2200 up until yesterday. Within the last 24 hours it dropped from $50 million down to barely over $10 million. What happened here?
Coinbase revamped its fee structure. Again.
In the process, it nuked all standing orders made under the old fee structure.
PITA to set up all the ladders again, but whaddayagonnado?
This is what I was looking for, this makes the most sense. Thanks fellow Bitcoiner.