Binance ETH Taker Buy/Sell Ratio Hits 0.81 Amid Bearish Market Sentiment

Ethereum's taker buy/sell ratio on Binance dropped to 0.81, indicating strong sell-side pressure at a critical price level around $2,400.

This ratio measures market buy versus sell orders in ETH perpetual futures and suggests that aggressive sell orders outnumber buy orders by a significant margin.

Binance controls about 37% of global ETH derivatives, so this imbalance reflects broader market sentiment rather than a local anomaly.

Historically, such low ratios have coincided with price weakness, though extreme sell pressure can sometimes lead to short-covering rallies.