Crypto market outflows reached $55B in August as liquidity dwindled — Bitfinex

” We think that while volatility metrics continue to be low, the liquidity crunch in the market has allowed isolated events to have a larger impact on market motions,” said Bitfnex. Bitcoin open interest has actually exceeded the crypto markets due to increased institutional interest and wash trading on some exchanges, keeps in mind the analysis.” The trajectory seen in the derivatives market, especially in open interest throughout both futures and options, mirrors these patterns of low liquidity,” wrote Bitfinex.Magazine: How to safeguard your crypto in an unstable market– Bitcoin OGs and professionals weigh in

” We think that while volatility metrics continue to be low, the liquidity crunch in the market has allowed separated events to have a larger effect on market motions,” said Bitfnex. Bitcoin open interest has exceeded the crypto markets due to increased institutional interest and wash trading on some exchanges, notes the analysis.” The trajectory seen in the derivatives market, particularly in open interest across both futures and alternatives, mirrors these patterns of low liquidity,” composed Bitfinex.Magazine: How to protect your crypto in an unstable market– Bitcoin OGs and experts weigh in