Markets· ★★· bearish·

Binance ETH futures order book shows $8.18M more in sell orders than buys

  • —Sell orders in Binance ETH futures book totaled $57.24M vs $49.06M in buys
  • —Net difference of $8.18M favored sellers
  • —Spot market on Binance showed a smaller buy-side surplus
  • —Order book data reflects pending orders, not executed trades
Why it matters: A sell-side skew in the futures order book can signal pressure on ETH, though it alone does not determine price direction.
#ETH
Source: TokenPost
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