Recent data from the PRO Large Order List reveals significant net buying pressure for Bitcoin (BTC) and Ethereum (ETH) over the past 24 hours. BTC recorded a total trading volume of $702 million, with buy orders amounting to $419 million and sell orders at $283 million, resulting in a net buying difference of $136 million. Similarly, ETH saw a total volume of $986 million, with $545 million in buy orders and $441 million in sell orders, leading to a net buying difference of $104 million.
The net order book difference for BTC stands at $959 million, while ETH's is $92.2057 million, indicating substantial buying support at key price levels. These figures suggest that large players are actively positioning themselves, although these orders 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.
BTC and ETH Show Strong Net Buying Pressure in Latest Trading Data
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.
