Data: Binance contributes about 32% of Bitcoin's overall liquidity, with a one-sided depth of $8 million

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Planet Daily News: CoinGecko released the 2025 Centralized Exchange Cryptocurrency Asset Liquidity Report, with data showing that Binance leads in Bitcoin order depth across various intervals, with a one-sided depth of $8 million, contributing approximately 32% of the overall liquidity. Following Binance are Bitget at around $4.6 million and OKX at $3.7 million. When narrowing the observation range to the ±$10 interval, only Binance has liquidity exceeding $1 million on both buy and sell sides. Bybit, Bitget, OKX, HTX, and Crypto.com have liquidity in this interval ranging between $100,000 and $500,000.

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