Bids under Ether thinned far faster than offers in the 24 hours to 15:36 UTC on Nov 10. Resting buy orders within 2% of the price shrank 32.9% and sell orders 18.8%, as $ETH fell 4.3% from $2,141.76 to $2,050.05.
Across 21 spot venues that leaves $60.18M of bids against $64.52M of offers, a 3.5% tilt toward sellers.
The largest sell wall, $9.91M, rests at $2,051.07, only 0.05% above the price. The biggest bid wall, $8.09M, sits further out at $1,995.72, 2.65% below. Resting orders can be pulled at any moment, so this is a snapshot of the book, not a promise of support.
Across 21 spot venues that leaves $60.18M of bids against $64.52M of offers, a 3.5% tilt toward sellers.
The largest sell wall, $9.91M, rests at $2,051.07, only 0.05% above the price. The biggest bid wall, $8.09M, sits further out at $1,995.72, 2.65% below. Resting orders can be pulled at any moment, so this is a snapshot of the book, not a promise of support.
