#Altcoin liquidity levels:

1. Bottom layer: liquidity provided by Cex itself

2. Base layer: liquidity provided by market makers

3. Overlay layer: liquidity provided by whales in Cex or Dex

4. Top layer: liquidity provided by retail investors in Cex

------

In the past week, 1 was halved, 2 was withdrawn, 3 was mostly withdrawn, 4 was beaten, and it really has little to do with the sellers #币安合约锦标赛