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A large 100.534 BTC sell order worth $8.3M appears on Binance, tipping market depth toward sellers.

Market News
09 Oct 2026
Tokenpost
View Source
Neutral
A large 100.534 BTC sell order worth $8.3M appears on Binance, tipping market depth toward sellers.

A significant sell order of 100.534 Bitcoin, valued at approximately $8.3 million, was placed on Binance's perpetual market at a price of $82,585. This sell order caused the sell-side market depth to exceed the buy-side by about $4.5 million, representing 5.3% of the total market depth. Nearby buy orders totaled around $40.1 million, while sell orders reached about $44.6 million, indicating a stronger selling pressure in the market at that moment. This imbalance could signal potential downward pressure on Bitcoin prices if selling continues to dominate.

Despite the large sell order on Binance's Bitcoin perpetual market, Bitcoin on Pluang is trading higher with a 1-day change of +0.84% as of Oct 10, 2026 07:31 WIB. The current price on Pluang is Rp1.475.803.347, showing resilience against the selling pressure noted in the news. Pluang's order activity favors buying at 70%, suggesting stronger demand among its users at this time.

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