
New Bitcoin limit orders hit $124M, buys outnumber sells 2.9 to 1
- —New BTC limit orders from major accounts total roughly $124 million
- —Buy orders at $92.45 million vs $31.43 million in sells, a 2.9x gap
- —Large orders are not clustered near the current price, with buys placed lower
- —Limit order volume does not reflect executed trades or actual inflows
Why it matters: The buy-side skew may signal dip-buying interest, but limit orders can be canceled and do not guarantee price support.
Source: TokenPost