It would be extremely interesting to plot the buy side liquidity 1) along with the bitcoin volatility 2) over the past months.
Anyone has the data somewhere for 1) ?
https://raw.nupool.net/?liquidity has started only recently unfortunately.
For 2), we have https://btcvol.info/all
I am asking because it seems that recently on days that see a high volatility, I feel the buy side liquidity has remained strong and even increased.
Before (a few months ago), when BTC went down, the buy side used to shrink as traders shifted their assets to NBT leaving providers holding BTC and when BTC went up, we got the same phenomenon; the buy side used to shrink as well as traders shifted their assets back to BTC, leaving providers holding NBT losing value against BTC.
I would like to see whether or not this is just a belief coming from my mind