Binance Bitcoin (BTC) Taker Ratio Hits 0.85, Lowest in Over a Year
Key Takeaways
- •Bitcoin was trading near $68,700 on Friday, marking a decline of roughly 6.5% over the previous 24 hours.
- •The taker buy/sell ratio on Binance's Bitcoin futures market dropped to 0.85, its weakest level in more than a year and roughly 15% below the parity threshold of 1.
- •A reading below 1 shows that aggressively executed sell orders exceeded aggressive buy orders, with Friday's print indicating the most seller-heavy balance in the past year.
- •The metric captures actively executed derivatives positioning rather than passive limit orders or spot purchases, drawing on order flow from one of the most closely watched futures markets.
- •Upcoming readings of the ratio will indicate whether the sell-side tilt in executed futures flow persists, narrows, or reverses against the 0.85 benchmark.
Bitcoin (BTC) was trading near $68,700 on Friday, down roughly 6.5% over the previous 24 hours, and the derivatives tape behind the drop has turned heavily one-sided, according to data published by COINOTAG on November 13, 2026.
The taker buy/sell ratio on Binance's Bitcoin futures market fell to 0.85, its lowest reading in more than a year — roughly 15% below the parity level of 1. The taker buy/sell ratio is a widely followed derivatives metric that compares the volume of aggressive market buy orders with the volume of aggressive market sell orders executed on an exchange's futures order book. A reading below 1 indicates that sell-side taker volume exceeded buy-side taker volume over the measured window. Takers are traders whose orders execute immediately against the order book, as opposed to makers, whose resting limit orders supply the liquidity those trades consume; the gauge therefore captures actively executed positioning rather than passive quoting, and because it is computed from futures data, it reflects derivatives activity rather than spot purchases.
Binance is one of the largest cryptocurrency exchanges in the world by trading volume, making its Bitcoin futures order flow among the most closely referenced datasets in the digital-asset market. Bitcoin, the largest cryptocurrency by market capitalization, is widely used as the sector's primary reference asset. That standing is part of why the print matters as a market reference point: an executed-flow measure from one of the most-watched futures order books offers a granular record of how aggressively traders sold versus bought during Friday's decline, and the sub-1 reading means that balance ran more heavily toward sellers than at any point in the past year.
Subsequent prints of the ratio will show whether that sell-side tilt in executed futures flow persists, narrows, or reverses; because the metric is defined against the parity level of 1, future readings can be compared directly against Friday's 0.85 benchmark.
This content was first published on COINOTAG.
