BitMEX Report: October Crypto Crash Overwhelms Market Makers, Stifling Trading Activity

A new analysis from crypto exchange BitMEX reveals that the sharp market downturn in October left key market makers holding excessive inventories of digital assets. This overhang of coins has significantly reduced their ability to facilitate smooth trading, contributing to decreased liquidity and slower market activity across major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The report suggests that these participants, crucial for providing buy and sell orders, became "stuffed with coins" following the crash, impairing their usual market functions. This situation creates a challenging environment for price discovery and can lead to heightened volatility as the market seeks a new equilibrium. The insights highlight the complex mechanics of crypto liquidity and the cascading effects of major price corrections on core market infrastructure. [news_title_rus=BitMEX: Обвал крипторынка в октябре перегрузил маркет-мейкеров, замедлив торговлю