Is BTC buying pressure really this strong? Even $191M in sell orders couldn’t push the price down This morning, major perpetual traders on Binance, OKX, and Hyperliquid collectively sold $119M, with a net sell of $77.64M. Some whales were closing long positions, and Binance even saw a massive $15.2M short order. On the spot market, however, whales were sweeping up at market price. Between 09:42 and 09:43, Binance BTC spot market saw 6 large buy orders totaling $13.8697M, with an average price of $83,286.49. BTC’s current price is $83,715, which is not only higher than the buy-in price of those spot orders but also above the entry price of that big short order at $83,413.7. Perpetual whales are selling, spot whales are buying—this wave of selling pressure hasn’t managed to push the price down for now. Short-term resistance at $84,000.