Markets· ★★· bullish·

Binance ETH futures show $26.8M buy order near $2,650

  • —Buy order for 11,114.56 ETH near $2,650 valued at $26.8M
  • —Mid price at the time was $2,651.47, order placed 0.06% lower
  • —Near-touch bids totaled $105M versus $60.12M in asks
  • —Bid surplus reached $45.37M, or 27.40% of the book
Why it matters: Large bids near $2,650 may support ETH, but orders can be pulled, making this a sentiment gauge rather than a guarantee of a move.
Source: TokenPost