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Bitcoin sell orders exceed buy orders by $5.54M on Binance, signaling seller dominance in spot market

Technical Signals
06 Nov 2026, 08:27 WIB
Tokenpost
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Neutral
Bitcoin sell orders exceed buy orders by $5.54M on Binance, signaling seller dominance in spot market

A recent snapshot of the Bitcoin spot market on Binance revealed $5.54 million more sell orders than buy orders, indicating a seller-heavy order book with $14.20 million in sell orders versus $8.66 million in buy orders. Coinbase also showed more sell orders than buy orders, but with a smaller imbalance than Binance. This contrasts with an earlier Binance snapshot that showed more buy orders than sell orders by $3.28 million. The shift suggests changing market sentiment and could impact Bitcoin price movements.

The recent Binance Bitcoin order book imbalance is context for cryptocurrency market activity. For readers following crypto assets, here is Pluang's market snapshot as of Nov 06, 2026 13:01 WIB: out of 50 major cryptocurrencies priced on Pluang, 4 rose and 45 fell today. Notable movers include UNI (Uniswap) at Rp124.510 with a 1-day change of -9.64% and a Pluang order activity of 83% Sell / 17% Buy, THETA (Theta Network) at Rp2.615 down 9.17%, and XRP (Ripple) at Rp21.648 down 8.76% with a 66% Sell / 34% Buy order split.

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