$RBNH
Fading QuicklySnapshot Window: 2026-07-13 14:50 UTC · ← Back to Crypto Overview
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
altcoin order books are getting thinner and it is changing how I trade them People keep asking why alts dump so hard every time BTC wicks. The answers I see are mostly about sentiment or weak hands. Some of that is probably true but I think there is a more boring reason people are not talking about. The order book is empty. I really noticed it on June 4. BTC dropped fast and the majors followed, which is normal. But the smaller alts did not just drop, there was literally nothing to buy into. I was watching a mid cap I hold and the bid side went from a few layers to one wall and then gone. Spread went from a tick or two to almost a full percent in like two minutes. If you had a stop market sitting there it filled at the worst print of the wick because there was no bid underneath.