Markets· ★★· bearish·

Binance BTC futures show $8.3M sell wall at $82,585

  • —A sell wall of about $8.3M sits at $82,585 on Binance BTC futures
  • —Near-touch sell orders exceed buys by roughly $4.5M
  • —Sell orders account for 5.3% of total order book depth
  • —Mid price at the time of data collection was about $82,581
Why it matters: A large sell wall could cap BTC near $82,500, though resting orders can be pulled at any time and do not guarantee price direction.
Source: TokenPost