Large limit orders worth $150M placed on Bitcoin whale accounts over 3 days
- —New standing limit orders total about $150 million over three days
- —Breakdown between bids and asks and price levels were not disclosed
- —BTC traded near $84,593 at the time of the report
- —Limit orders can be cancelled before execution, so they do not guarantee price direction
Why it matters: Large limit orders can hint at areas of interest for big players, but without prices or sides they remain only an indirect signal.
Source: TokenPost