TAO drops 6.68% as Binance raises margin collateral requirements
Bittensor (TAO)
Editor:
Eugene Serbin
Tradersunion.com reports that Bittensor (TAO) is trading at $292.1 after declining 6.68% on the day. Binance adjusted margin parameters for Bittensor on September 18, raising TAO’s collateral ratio for Cross Margin and Portfolio Margin users. This adjustment increases the capital required to hold leveraged positions and may influence trading dynamics in the near term, according to Captainaltcoin.
Additional institutional access was recorded with Grayscale’s Bittensor Trust expanding exposure, as detailed in a September 15 SEC filing. The network’s first halving further reduced new token supply, while recent spikes in trading volume suggest elevated participation. Price action has remained under broader selling pressure despite this increased engagement.
Price is trading below the MA-20 and MA-50 but remains above the MA-200 on the daily chart. The Ichimoku Kijun at $301.75 serves as immediate resistance. Momentum signals including MACD and ADX confirm persistent downside pressure, while RSI, Stoch RSI, and CCI all indicate oversold conditions.
Bull/Bear Power points to continued seller dominance, and the Awesome Oscillator remains aligned with the downward trend. No technical divergence is visible among major indicators.
How the market reacted
Whalio's own Binance spot order flow for TAO, measured when this story was written up on 23 September 2026. Not the outlet's figures.
TAO is currently trading at $315.00 on Binance spot data. The 1-hour buy ratio is 39.4%, which is lower than the 4-hour ratio of 46.8% and the 24-hour ratio of 48.9%. This decline in the short-term buy ratio suggests that immediate buying pressure is fading compared to the broader daily trend. Volume delta is negative across all timeframes, with -$642,586 in the last hour and -$1,252,957 over four hours. This indicates that sellers are actively executing more market orders than buyers. The cumulative volume delta (CVD) for the 24-hour close is -$2,427,529, confirming sustained selling pressure. Net buying occurred for only 8 of the last 24 hours, highlighting a dominant sell-side flow.
The latest daily buy ratio of 49.6% sits at the 64th percentile of the last 322 days, against a median of 48.8% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for TAO, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 50.3%, which is slightly higher than the current 24-hour ratio of 48.9%. The difference of 1.4 percentage points shows that today's buying activity is marginally below the weekly norm. However, spot volume has surged to $80,815,655, which is 2.04 times the weekly average volume. This volume spike indicates an unusual level of participation compared to typical days. While the weekly volume delta was positive at $3,637,189, today's negative flow represents a shift from the broader weekly trend. This day is characterized by higher volume but weaker relative buying pressure compared to the weekly average.