Bitcoin’s sell wall near $80,000 is concentrated mainly on Binance, according to data released by HODL15Capital and reported by BlockBeats on Aug. 23. Binance has approximately $31.98 million in sell orders near $79,945, $13.2 million around $80,000 and $33.27 million near $82,500. Coinbase has about $38.74 million around $80,000. HODL15Capital said some of the Binance orders have remained in place for an extended period, including roughly 99 days near $80,000 and 108 days near $82,500, suggesting the sell wall may be less durable than it appears. Bitcoin may need to approach $80,000 before traders can assess whether the orders represent genuine selling intent or will be moved to higher levels.