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“Crypto liquidity is dominated by just a handful of trading firms, including Wintermute, Amber Group, B2C2, Genesis, Cumberland, and (the now-defunct) Alameda. With the loss of one of the largest market makers, we can expect a significant drop in liquidity, which we will call the “Alameda Gap,” Kaiko wrote in a November briefing note.
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- Source: https://www.coindesk.com/markets/2023/02/17/first-mover-asia-crypto-momentum-falters-as-bitcoin-retreats-to-236k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines