BTC 2% Market Depth Up 40% Year to Date... 'Alameda Gap' Closing
![BTC 2% Market Depth Up 40% Year to Date... 'Alameda Gap' Closing](/content/images/size/w1200/2024/03/Alameda-FTX.png)
Crypto market insights platform Unfolded, citing data from Kaiko, reports that "Bitcoin 2% market depth (the total number of buy and sell orders in the order book within 2% of the market price) on major centralized exchanges (CEXs) is up 40% year to date, temporarily regaining the $4.7 billion level that was the average before the FTX collapse. The "Alameda Gap" - the liquidity shortage caused by FTX and Alameda - is over.
![blockchain crypto cryptocurrency 2% market depth alamada gap closing (SpotedCrypto)](https://www.spotedcrypto.com/content/images/2024/03/Screen-Shot-2023-11-08-at-8.png)