The buy side liquidity seems to get thinner and thinner on average. Right now we have 53k whereas a few weeks ago it was rather something like 150k.
This is probably caused by the decrease of purchasing power of BTC (and PPC) because BTC has been decreasing over the last month significantly.
Right now BTC/USD is stabilizing but there is no guarantee that it won’t decrease further and even if it starts to increase, that won’t change the fact that Nu needs many more LPCs.
So I would like to ask the following questions in order to help new potential custodians to make proposals:
- Which exchange(s) need buy side support right now?
- On which pair?
- Can an exchange have several custodians at the same time?