Large limit orders worth $202M placed across 25 major Bitcoin accounts
- —Total limit orders across 25 major accounts reached about $202 million
- —Buy orders account for roughly $168 million of the total
- —Data was collected after the October 9 drop and rebound with BTC near $81,979
- —Pending orders are not guaranteed to fill and do not equal actual traded volume
Why it matters: Large limit orders highlight buyer interest zones, but they alone do not confirm that Bitcoin's correction is over.
Source: TokenPost