Bitcoin 1% Order Book Depth Jumps 75% Since October 2025 Crash, Altcoin Liquidity Falls One Third

Bitcoin 1% order book depth is $11.7 million, up 75% from the October 2025 crash. Ethereum 0.5% depth doubled to $4.2 million. Altcoin USD depth at 5% fell one third to $2 million. Weekly spot volume averaged $279 billion, nearly two thirds below the $801 billion crash week. CoinDesk Research says this reflects more market maker capital in major cryptocurrencies, not lower prices.