Ether Spot Order-Size Indicator Returns to 'Big Whale Orders' Near $2,400

The spot average order-size indicator for Ether (ETH) returned to its “Big Whale Orders” category near $2,400, while futures taker flow remained seller dominated, leaving the readings without a clear directional signal. In the Oct. 21 observation, Ether stood at $2,433, up 1.5% on the day after briefly reaching $2,476. The spot average order-size indicator reflects the size of trades in the spot market. The reading does not show whether the large trades were buys or sells. The indicator also showed elevated readings during February and March and near a June low.