On Oct. 22, Cosmos (ATOM) was quoted at $1.71 after a 3.07% 24-hour decline; Binance futures data recorded more taker-sell contracts than taker-buy contracts.
ATOM traded between $1.70 and $1.78 during the 24-hour period. At about 3 a.m. ET (07:00 UTC), the one-hour Binance futures tally recorded 285,542 taker-sell contracts and 168,133 taker-buy contracts. The tally yielded a 0.5888 buy-to-sell ratio.
The 200-day simple moving average stood at $1.71, the same as ATOM’s quoted price. A Monday, Oct. 19 comparison of ATOM’s short- and long-term averages put the token near $1.74 and its 200-day average at $1.71.
