Markets· ★★· bearish·

Binance Bitcoin futures order book shows $9.58M sell-side surplus

  • —Binance futures sells hit $42.08M vs $32.50M in buys
  • —Sell-side surplus reached $9.58M with BTC at $83,443
  • —Coinbase spot book also skewed to sellers, but at a smaller scale
  • —Data comes from order-book aggregator Liquid247.xyz
Why it matters: A sell-side surplus in the futures book signals near-term pressure on BTC, though orders can be pulled and do not guarantee price direction.
Source: TokenPost