Deep Trend TechFlow news, on October 17, according to CoinDesk, Coinbase denied reports that Bitcoin order liquidity dropped significantly during the U.S. Securities and Exchange Commission (SEC) lawsuit against market maker Cumberland, and stated that its trading conditions Stay steady. A spokesperson for Coinbase noted: "We did not observe significant changes or declines in BTC-USD depth in the 2% range in October." However, crypto data analytics firm Kaiko noted in a report published on Monday that 2% of the BTC-USD depth on Coinbase The % BTC depth began to decline on October 10 at 18:00 UTC, falling 46% to 267 BTC in a matter of hours. 2% market depth is the collection of buy and sell orders that are within 2% of the mid-price or average bid and ask price. This indicator is used to measure market liquidity, which is the market's ability to process large trade orders at stable prices while providing market participants with minimal slippage (i.e., the difference between the expected price and the actual executed price).