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Ether shows $12.1M sell order surplus on Binance, signaling near-term selling pressure.

Market News
09 Oct 2026
Tokenpost
View Source
Bearish
Ether shows $12.1M sell order surplus on Binance, signaling near-term selling pressure.

Binance's Ether perpetual contracts currently have a $12.1292 million surplus of sell orders, indicating stronger selling pressure in the near term as Ether trades around $2,494.94. The overall market shows $68.793 million in sell orders against $56.6638 million in buy orders, giving sellers a clear advantage. Both Binance and Coinbase spot markets also have more sell orders than buy orders, though with smaller order-book volumes. This imbalance in order-book depth suggests potential for sharper price moves if large orders hit the market, as fewer buy orders are available to absorb selling pressure.

Binance Ether perpetual contracts show a $12.13 million sell-side edge as of Oct 10, 2026 09:01 WIB. For readers following the broader cryptocurrency market, 38 of 50 major cryptocurrencies priced on Pluang rose today. Notable movers include ENJ at Rp576 with a 6.40% gain and a 95% sell order activity, ZIL at Rp62 up 5.17%, and COMP at Rp437,056 rising 4.79%.

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