Last month, Jane Street and Jump, two prominent market makers, announced that they were at very least reducing their trading activity. This compounded the liquidity woes that had been felt since FTX’s collapse, with market depth on exchanges sliding by more than 50% between November and May, according to Kaiko.
Genesis Set to Return $3B Customer Assets in Finalized Bankruptcy Liquidation Plan
Bankruptcy claims began trading at 35% of account balance value when they were initially listed on claim trading marketplace Xclaim...