DWF Labs co-founder says liquidity at 4-year low, warns of volatility

Andrei Grachev, co-founder of crypto market maker DWF Labs, stated that interest in the market has waned, potentially leading to significant volatility. He noted via social media that according to the firm's internal data, crypto market liquidity has shrunk to its lowest level in four years. Grachev added that it seems no one is paying attention to the market anymore and that, historically, such an environment has often preceded major price swings.