Markets· ★★· neutral·

Binance spot BTC buy orders exceed sell orders by $35.9M

  • —Binance spot bids totaled $42.4M versus $6.5M in asks
  • —Perpetual futures sell orders exceeded buys by $13.5M
  • —Other exchanges also showed buy-side dominance, but with smaller gaps
  • —BTC traded at $83,074 when the data was collected
Why it matters: Spot buy-side dominance may signal cautious demand, but resting orders can be canceled and do not guarantee price gains.
Source: TokenPost