Ethereum Has a Thinner Order Book Despite Outperforming

Ethereum Has a Thinner Order Book Despite Outperforming
📊 Background

Ethereum rose about seventy percent in the third quarter

Bitcoin gained forty-two percent over the same period

Focus

Ethereum's order book depth near the price has fallen to thirty-five to forty-five percent of Bitcoin's
📉 This figure is down from a minimum of sixty percent last year
📊 Thinner books can amplify price volatility from large trades
⚡️ Implications

Larger price moves in both directions become more likely
📈 Ethereum's relative liquidity versus Bitcoin has weakened
⚠️ Conclusion

Ethereum's stronger price performance has come with reduced order book depth, raising volatility risk
🔥 #Ethereum #Bitcoin #Order_Book #Liquidity