Report: Bitfinex exchange is the most liquid, Bitcoin's liquidity is 4 times that of Ethereum

According to the analysis of The Block's research team on 48 spot exchanges, Bitcoin, Ethereum and XRP trading on Bitfinex have the highest liquidity. In addition to Bitfinex, Coinbase, Kraken, Bitstamp, Binance, and FTX are the most liquid in terms of BTC, ETH, and XRP. Bitcoin's liquidity is 4 times that of Ethereum and 9 times more than XRP.