Ethereum liquidity drops to 35-45% of Bitcoin's level across major exchanges
Image: Cryptonews.comA CoinGecko analysis of eight major centralized exchanges finds Ethereum's median order-book depth is $13 to $14 million, equal to 35 to 45% of Bitcoin's liquidity level. A year prior, Ethereum held above 60% of Bitcoin's liquidity share. Bitcoin's median depth is $29 million on bids and $37 million on asks, roughly 50% higher than 2025 figures. Binance leads liquidity for both assets, while MEXC is an outlier at approximately $450,000. At report time, Ethereum trades at $2,725, up 1% in 24 hours, and Bitcoin is at $86,300, up 1.4%.
Key points
- Ethereum's median order-book depth across eight major exchanges is $13 to $14 million.
- Binance leads liquidity for both assets, while MEXC is an outlier at roughly $450,000.
Why it matters
The liquidity gap influences how large Ethereum trades are structured, as traders must account for the shallower order book, particularly during volatility when spreads widen.
Price context · ETH
At publication
$2,715.70
Now
$2,715.52
Change since
−0.01%
7 days · dashed line = publication
Sources · 2 publishers
Cryptonews.com
Tier 2
Ethereum Price Prediction: ETH Liquidity Drops 45% Below BTC
Coverage timeline
- First reported by Crypto Briefing
- Confirmed by Cryptonews.com
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
