In the past 24 hours, large holders of Bitcoin (BTC) and Ethereum (ETH) have placed more sell orders than buy orders, according to the PRO Large Order List. BTC recorded a total trading volume of $1.369 billion, with $503 million in buy orders and $866 million in sell orders, resulting in a net difference of -$364 million. Similarly, ETH saw a total volume of $573 million, with $255 million in buys and $318 million in sells, leading to a net difference of -$63.4 million.
The data indicates a significant sell-side pressure from large players, with a net order imbalance of $1.608 billion for BTC and $817 million for ETH. These large orders, which are not visible on non-PRO K-line charts, can be canceled or filled at any time. The PRO platform's "Large Order Tracking" tool provides real-time monitoring of these changes, offering insights into market dynamics. This information is intended for reference and does not constitute investment advice.
BTC and ETH Large Holder Sell Orders Surpass Buys in 24 Hours
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
