Crypto Long & Short: Crypto’s liquidity mirage

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Crypto markets may appear liquid on paper, but in reality, executable liquidity at scale is fragmented and fragile, according to a recent newsletter.

Market Impact

Market impact analysis based on bearish sentiment with 75% confidence.

Sentiment
Bearish
AI Confidence
75%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

In this week’s Crypto Long & Short Newsletter, Leo Mindyuk of ML Tech writes that while crypto markets look liquid on paper, executable liquidity at scale is more fragmented and more fragile than most institutions assume.

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Original article published by CoinDesk on February 18, 2026.
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