Binance Ether (ETH) Perpetual Book Shows $2.68 Million Sell Surplus

Binance’s Ether (ETH) perpetual market showed $2.6832 million more sell than buy orders in an Oct. 25 snapshot, with Ether priced at $2,343.23 at the time. The book listed $59.4484 million in sell orders and $56.7652 million in buy orders. Binance’s spot order book also showed greater sell-side depth, though the book was smaller in scale. Large orders can have a sharper effect on venues with thinner order books, where price swings may be more pronounced. TokenPost previously covered a similar Binance Ether perpetual-book snapshot . Enna Lee reports on investing and digital-asset markets for TokenPost.

Source: TokenPost