Hidden liquidity
Iceberg orders and OTC desks mean visible top50 understates true exit room — treat as a lower bound.
Exit room desk ·
Top-of-book exit room (50-level depth versus 24h quote volume) still favors DOGE at 1.258% depth/volume, while BTC looks hardest to leave at 0.031%. Bitcoin thin-exit days — volume 40% above its seven-day norm — currently streak 0, longest 3. This is the sibling question to institutional exit maps: not who already left, but who can still leave the venue.
Rank who can still exit the venue — book depth versus daily turnover, imbalance, and streaks of thin-exit days — without restating a single reserve headline.
Ranking
Institutional exit maps ask what already left. This desk asks who can still leave given today's book versus today's turnover.
DOGE still looks easiest to leave; BTC is the tight gate.
Sides
A one-sided book means leaving only works in one direction.
Read imbalance: fat bids with thin asks is a different exit story than the reverse.
Streaks
When BTC volume runs hot versus its own week, exit room shrinks even if the headline depth looks fine.
Thin-exit streak 0; longest 3.
Falsifiers
Every edge on this desk dies if one of these flips. Treat them as the first checks, not footnotes.
Iceberg orders and OTC desks mean visible top50 understates true exit room — treat as a lower bound.
Binance-only depth misses Coinbase/Bybit; multi-venue exits can be easier than this board shows.
If the cash leg breaks, book depth in crypto pairs overstates who can actually leave to dollars.
Answers stay inside this page's dated figures.
