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Bitcoin Buyers Dominate as Taker Buy/Sell Ratio Hits New High on OKX
The cryptocurrency market is seeing a significant surge in buying activity, with the taker buy/sell ratio on OKX reaching an all-time high. According to recent data, the metric has spiked to 2.4, indicating a drastic shift towards aggressive buying.
This sudden spike may signal a potential upward momentum for Bitcoin’s price, as the steady price range between $92,500 and $99,500 reflects rising interest from traders in the market. Experts believe that this development could be an early indication of stronger trends emerging in Bitcoin trading activity.
The Taker Buy/Sell Ratio has climbed to 2.4 on OKX, indicating a significant imbalance between aggressive buy and sell orders.
Source: cryptonewsland.com
