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The day by day buying and selling quantity for BUSD on Coinbase was solely about $9 million within the final two months, whereas the market depth inside 2% of the market value was simply $600,000, in keeping with knowledge from Kaiko, making the stablecoin’s value weak to wobbles. Market depth represents the open purchase and promote orders for an asset inside a sure value vary; the deeper the market, the extra steady the value is.
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