PANews reported on June 26 that Coingecko recently released the "2025 Centralized Exchange Cryptocurrency Liquidity Status Report", which compared the order book depth of mainstream CEXs such as Binance, Bitget, Bybit, OKX, Kraken and Coinbase, and comprehensively analyzed the liquidity performance of assets such as BTC, ETH, XRP, SOL, DOGE in different price spread ranges. The report shows that Bitget has the best liquidity performance in the price spread range of 0.3% to 0.5% for altcoins, providing a high-quality trading environment for Altcoin investors.

The report also pointed out that in terms of Bitcoin trading, Binance maintained its lead with about 32% of market liquidity. In the range of ±100 USD spread, the order book depth of both buyers and sellers reached about 8 million USD, followed by Bitget and OKX with 4.6 million USD and 3.7 million USD respectively. In terms of Ethereum, within the range of ±15 USD (about 1%) spread, Bitget became the most liquid platform, but in the larger spread range, Binance still dominated.

In the distribution of XRP liquidity, Bitget, Binance and Coinbase account for about 67% of the market liquidity. DOGE liquidity is more dispersed. Within the price range of ±0.001 USD (about ±0.5%), the unilateral depth of Binance, Bitget, OKX and Coinbase is basically close, ranging from 1 million to 1.7 million USD.

It is worth noting that although the market generally believes that liquidity is lower and prices are more volatile on weekends, the data shows the opposite trend. Take Binance as an example, its average depth on weekdays is 6 million to 7 million US dollars, while on weekends it often rises to 8 million to 10 million US dollars. At the same time, many exchanges including Bitget and OKX also showed stronger liquidity performance on weekends, and the order book depth in multiple periods was on par with Binance, showing that weekends are not a period of weak trading, but an important window for liquidity recovery.