Large accounts place $234M in bitcoin limit orders this week
- —New maintained BTC limit orders totaled about $234 million from October 5–8
- —New buy orders accounted for $141 million of the total
- —Two accounts placed more than 80% of the new buy orders
- —The data covers open limit orders, not executed trades
Why it matters: Large limit orders highlight buyer interest zones, but order size alone does not confirm bitcoin's price direction.
Source: TokenPost