Markets· ★★· neutral·

Binance ETH futures show $6.01M buy wall at $2,490

  • —About 2,414.33 ETH worth $6.01M bid at the $2,490 level
  • —Order price is 0.32% below the $2,498.01 mid price
  • —Near-book bids $67.14M vs asks $56.82M, a $10.32M gap
  • —Buy-side surplus equals 8.33% of order book depth
Why it matters: The large bid may support ETH near $2,490, but such orders can be pulled and do not dictate price direction.
Source: TokenPost