hodl15capital: The main source of selling Bitcoin at around $80,000 is from Binance
2026-08-23 15:42:41
According to CoinMeta, based on hodl15capital data, the selling pressure around $80,000 for Bitcoin mainly comes from Binance. Order book data shows that there are approximately $13.2 million in sell orders around $80,000, and around $33.27 million around $82,500. Some of these orders have been there for about 100 days or even longer. hodl15capital believes that these long-term orders may indicate that the actual immediate selling pressure is weaker than what is shown on the surface, and it will be necessary to observe whether these orders are actually executed or withdrawn as BTC approaches $80,000.
Source:X
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