#交易流动性 Bitcoin and Ethereum have the highest liquidity**: Bitcoin's liquidity reaches billions of dollars, followed by Ethereum, while other altcoins generally have low liquidity.

- **Exchange liquidity differences**: Major exchanges like Binance, Kraken, and Coinbase have the best liquidity, while smaller exchanges have shallower depth.

- **97% of altcoins have extremely low liquidity**: Research shows that most altcoins experience a 5%-10% price difference at a trading volume of $10,000, making it nearly impossible to support large transactions.