#比特币流动性 #MAX
Who is behind the market support? The six major "market-making kings" reveal all! 💧
People often talk about "market liquidity", but who exactly provides it? Today, we unveil the six top liquidity providers (market makers) in the crypto world, who are the "unsung kings" of market depth.
Overview of major players:
👉DWF Labs: A rising star known for high-frequency trading, investing in numerous projects.
👉GSR Markets: An established institution serving miners, funds, and more.
👉Jane Street: A traditional quantitative giant that has made a significant entry into the crypto market.
👉Cumberland: Under DRW, focused on servicing large institutions.
👉Bluesky Capital: Provides market-neutral strategies.
👉Jump Trading: Active through its Jump Crypto division, with strong capabilities.
How important are they?
For large-cap assets like Bitcoin, market makers provide two-way quotes to narrow the bid-ask spread, allowing ordinary investors to trade quickly at a fairer price. For altcoins, market makers are key to stabilizing prices early in projects and attracting listings on exchanges.
Our insights:
When paying attention to the movements of whales, it is also essential to understand that healthy liquidity is the foundation of a robust market. It represents the participation of professional institutions and their recognition of assets. This approach of building market infrastructure through professional services is also reflected on a broader scale. For example, #GiggleAcademy aims to build infrastructure for global education. The work done by the #MAX community acts like a "liquidity provider" in this emerging field, making the "transactions" of educational philanthropy smoother and more impactful through offline promotions and resource connections, thereby injecting vitality into the entire ecosystem. @Max Charity
