CoinGecko：ETH led the third-quarter gains BTC, but near-market liquidity weakened comparatively

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CoinGecko：ETH rose in the third quarter 70%outperforming BTC, but its market liquidity contracted significantly

BlockBeats reported that,October 5, while a CoinGecko report showed that,ETH rose in the third quarter 70%, outperforming the comparable-period increase of 42%by BTC, but its market liquidity instead declined.July 6 to September 30 During the period,ETH the median daily market depth was only equivalent to BTC's 35%to 45%, whereas it reached at least 60%.

Within a range of 0.15%from the market price,ETH the bid-and-ask order depth of 13000000 was approximately 14000000 USD to ETH. Market depth measures the size of orders placed near the current price; the lower the depth, the more easily large orders can drive price changes. Despite the contraction in liquidity, CoinGecko said that 1000000 USD。

SOL remained relatively easy to trade, with market depth on both the bid and ask sides exceeding 2%'s liquidity also declined, with one-sided market depth within a price range of 28000000 USD above and below the market price falling from approximately 20000000 USD。XRP to approximately 30000000 USD's total market depth remained stable at approximately 18000000 USD, including approximately 14000000 USD in bids and XRP in asks. Although the market capitalization of SOL was approximately 40%higher than that of SOL, its market depth was lower because 25%'s average daily trading volume was still approximately https://m.theblockbeats.info/flash/370278

Key points

CoinGecko reported that ETH rose in the third quarter 70%, while BTC rose 42%。
July 6 to September 30 During the period,ETH the median daily market depth was equivalent to BTC's 35%to 45%; in the same period last year, it was at least 60%。
Within a range of 0.15%from the market price,ETH the bid-and-ask order depth of 13000000 was approximately 14000000 USD。
CoinGecko said that ETH market depth on both the bid and ask sides of most trading platforms exceeded 1000000 USD。
SOL Within a range of 2%above and below the market price, one-sided market depth fell from approximately 28000000 USD last year to approximately 20000000 USD。
XRP Total market depth was approximately 30000000 USD, including approximately 18000000 USD in bids and approximately 14000000 USD。
XRP The market capitalization of SOL was approximately 40%higher than that of SOL, but 25%。

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

Market depth refers to the size of orders placed near the current price. The lower the depth, the more easily large orders can drive price changes. The material indicates that some market depth for ETH and SOL declined, but CoinGecko said that ETH remained relatively easy to trade.

Why it matters to readers

ETH As prices rose, near-market order depth became relatively BTC thinner, meaning that large orders may affect prices more easily.SOL depth also declined, while XRP's total depth was broadly stable.

This shows that price performance and ease of trading are not the same thing: even when an asset rises, the size of orders available for trading nearby may decline.

Risks and unknowns

The material is BlockBeats' account of a CoinGecko report and does not include the original CoinGecko report.
The report does not specify in the material the methodology for its market-depth statistics or the range of trading platforms covered.
These market-depth data alone cannot confirm the subsequent direction of prices.

CoinGecko：ETH led the third-quarter gains BTC, but near-market liquidity weakened comparatively

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