Data tracked by Paris-based Kaiko Research shows a balanced order book in Binance’s FTT-BUSD market, with the number of buy orders for 20,000 FTT or more now matching similar-sized sell orders. BUSD is a stablecoin developed in partnership between Binance and Paxos and is backed 1:1 by U.S. dollars, according to its official website.
FTT Order Flow Fairly Balanced After 150% Rally, but Liquidity Remains Thin
