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Exchange cited as noting the shift of activity toward AI storage and semiconductor stocks.
Ether's order-book depth slid to 35-45% of bitcoin's in the third quarter, CoinGecko found, while its price rose 70%. The slide came mainly from bitcoin's book growing by about half while ether's stayed near $13 million to $14 million.
Reality
The exchange reports $5.36m of reserves, most of it its own token, against CoinMarketCap volume of $272.6m. The proof-of-reserves report it promised in May is now 90 days late.
Reality
Roughly 400 million FOGO, about 4% of supply and some $3 million, left foundation wallets, and containing it took a full network halt, which tells holders where the keys and the stop button both sit.
Reality
The exchange promised proof of reserves on May 23 and has not delivered it. Its founder now says he will take his own staff's unpaid-wage claims to the police.
Reality
HIP-3 open interest is past $4 billion, and roughly a fifth of it sits in two contracts on one South Korean memory maker. Concentration, not tokenization, is the story.
Reality