Weeks After Ether ETF Debut, ETH Market Liquidity Down 20%

โ€œAlthough the market liquidity for ETH pairs on centralized exchanges remains greater than what was at the beginning of the year, the liquidity has dropped by nearly 45% since its peak in June,โ€ Jacob Joseph, a research analyst at CCData, told CoinDesk in an interview. โ€œThis is likely due to the poor market conditions and the seasonality effects in the summer, often accompanied by lower trading activity.โ€

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