Binance ETH Active Buy/Sell Ratio Drops to 0.81, Marking Extreme Selling Pressure

ETH's active buy/sell ratio on Binance fell to 0.81, one of the most extreme readings on the sell side on record. The ratio tracks the volume of market buy orders versus sell orders in futures trading, with 1 indicating equilibrium.

The 0.81 reading shows that active sell orders on Binance's ETH futures significantly outweigh buys, as many traders rushed to exit via market sell orders. This metric only reflects short-term trading sentiment and should not be used alone as a basis for price predictions.

[ChainCatcher]