๐๐น๐๐ฐ๐ผ๐ถ๐ป ๐ช๐ต๐ฎ๐น๐ฒ๐ ๐ฆ๐๐ถ๐บ ๐ฎ๐ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ช๐ต๐ฎ๐น๐ฒ๐ ๐ฆ๐๐ถ๐ฐ๐ธ ๐๐ถ๐๐ต ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ!
A new report from CoinGecko reveals a major shift in whale trading behavior โ and it's catching traders' attention.
๐ Key Findings:
๐ข Bitget is now the #1 exchange for altcoin whales โ leading in liquidity for Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), and XRP.
๐ Binance still dominates Bitcoin liquidity across all trading depths, preferred by BTC whales.
๐ What the Data Shows:
Bitget outpaced Binance for ETH, DOGE, SOL, and XRP based on liquidity depth ranging from 0.3% to 0.6%, meaning whales can make large trades with less price impact.
In XRP, Bitget held the top spot with tight spreads (0.3% depth and $0.006 variance), beating Binance and Coinbase.
For SOL, Bitget commanded 32% market share in the 0.6% depth range โ a strong lead among competitors.
Binance still holds the crown for deepest BTC liquidity, making it the top exchange for large Bitcoin trades.
๐ฃ๏ธ What Bitgetโs CEO Said:
Gracy Chen (Bitget CEO) told CoinDesk:
โAltcoin liquidity shows how far Bitget has come.
Today, institutions account for 80% of our spot volume, and top funds are actively trading on Bitget.โ
๐ก Why This Matters for Traders:
Altcoin whales are choosing Bitget for better execution and lower slippage on large trades.
Bitcoin whales prefer Binance for unmatched depth on BTC pairs.
This split could influence how altcoins perform across platforms โ especially during high volatility.
โ Takeaway:
If you're trading large amounts of altcoins, Bitget may now be the most liquid and whale-friendly place to do it.
For Bitcoin, Binance remains king.