A notable order appeared on Binance today:
• 1,000$BTC bid
• Approx. $64.2M in size
• Fully filled within several hours
• No visible replenishment afterward
What caught my attention is that the market is still trading around that area.
One large order doesn't determine the next move, but it can offer a glimpse into where significant liquidity was willing to participate.
The real question:
Do you think large limit orders still provide an edge, or has the market become too efficient for order-book signals alone?