Woofun AI data shows that BTC/USDT spot market order book dynamics on July 9, 2025, revealed distinct behaviors between trade sizes via Cumulative Volume Delta (CVD) and Volume Heatmap analysis. The heatmap indicated high trading activity concentration around the $58,000 and $62,000 price levels as of 6:00 a.m. UTC, marking these as significant thresholds for future support or resistance.

The CVD indicator displayed a divergence in buying pressure, with the brown line representing large orders between $1 million and $10 million rising steadily, signaling aggressive accumulation by major funds or whales. In contrast, the yellow line tracking smaller trades between $100 and $1,000 showed a more gradual increase, reflecting less aggressive retail participation. This disparity suggests institutional positioning is currently dominating the buy side, though such flows may also relate to hedging strategies rather than pure directional bets.