Liquidity
TradingHow much can be traded without moving the price materially.
Example
A $1M market order in BTC barely moves; in a micro-cap it moves 10%.
Common misconceptions
- That high 24h volume proves liquidity (wash volume exists)
How much can be traded without moving the price materially.
A $1M market order in BTC barely moves; in a micro-cap it moves 10%.