Markets· ★★· bearish·

Large $9.17M BTC futures sell order spotted on OKX at $83,610

  • —Sell order for 109.7 BTC ($9.17M) placed at $83,610, about 0.05% above the $83,571 mid price
  • —Near-price sells of $28.89M versus buys of $18.65M — a $10.24M gap
  • —Sell orders made up 21.54% of the near-price order book
  • —Data from Liquid247.xyz as of 15:00 KST on Oct 13; single snapshot with no owner details
Why it matters: A large sell wall near the current price could cap BTC's upside in the near term, though the order may be cancelled.
Source: TokenPost