According to @GracyBitget, citing the CoinGlass 2025 Crypto Derivatives Market Annual Report, Bitget ranked top 3 globally by BTC and ETH order book depth within 1%, contributing about 11.5% of BTC liquidity and about 20% of ETH across major exchanges. Source: CoinGlass 2025 Crypto Derivatives Market Annual Report. Bitget’s crypto derivatives market share averaged roughly 9.5% in 2025 with around 25B in average daily volume, with growth aligned to deeper books rather than thinner liquidity. Source: CoinGlass 2025 Crypto Derivatives Market Annual Report. Bitget also reported its stock futures surpassed 10B in cumulative volume as part of its Universal Exchange strategy to unify crypto and TradFi access on one platform. Source: @GracyBitget. For traders, @GracyBitget highlighted that deeper liquidity matters most when volatility spikes and large orders need execution, and that leverage cycles are getting sharper and faster, elevating the importance of portfolio-level risk management. Source: @GracyBitget.

According to @EmberCN, citing CoinGlass’s 2025 crypto derivatives market annual report, public DAT companies’ BTC holdings trended upward nearly monotonically through 2025, rising from roughly 600,000 BTC at the start of the year, based on CoinGlass data. According to @EmberCN’s summary of CoinGlass’s dataset, the author characterizes 2025 as the DAT year, reflecting the sustained increase in reported holdings by these entities as recorded by CoinGlass.