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RE: The Binance.US Bitcoin Surge: Unraveling the Mystery Behind the Anomaly

in LeoFinance2 years ago

In my opinion, what happened with Bitcoin on Binance.US was a momentary spectacle that blew everyone's mind. On the other hand, it is clear that low liquidity and declining market depth played a role.

Now, Binance.US would have to take decisive action to address the decline in liquidity and regain the confidence of market makers and traders.