⚡️Binance Flash Market Update⚡️On March 7-9, Bitcoin saw a large drop in price from around the $9,100 to $7,700. Looking at the spot taker buy-sell ratio on Binance, our data shows that sell flows were most dominant in East Asia, with some countries reaching a 0.7 buy-sell ratio during this time period. Although most other regions saw strong sell flows as well, they were more even in terms of a buy-sell ratio. Regions such as Southern Europe and the Middle East seemed to have more users looking to buy the dip, with almost a 1-1 ratio.
