Across 8 top centralized exchanges, the median Bitcoin orderbook depth is $20 to $25 million per side For XRP, Bitget maintains a rather notable dominance within the +/- $0.006 (around 0.3%) depth range Binance still holds peak trading volume, processing nearly $434 billion in May CoinGecko published a ‘ Crypto Liquidity on CEXes Report 2025 ’ that highlights liquidity as a key driver of trading ease and institutional interest in 2025 crypto markets. The report emphasizes 5 most important points, starting with Bitcoin liquidity . More precisely, it states that across 8 top centralized exchanges (CEXes), the median Bitcoin orderbook depth is $20 to $25 million per side. With an orderbook depth of roughly $8 million across its buy and sell sides, Binance represented approximately 32% of this liquidity. Bitget ranked next at around $4.6 million, and OKX came in third with just about $3.7 million. When it comes to Ethereum liquidity , its median depth at +/- $2 is $15 to $16 million which is about 60% to 70% of Bitcoin’s liquidity. Bitget leads within tight spreads, while Binance dominates at wider depths (holding roughly 25%). Next in line is XRP liqu… The post CoinGecko’s Latest Report Reveals Which Exchange Has the Best Prices for Altcoins appeared first on Coin Edition .
