Binance Ether (ETH) Perpetuals Show $9 Million Bid Near $2,303

Binance’s Ether (ETH) perpetual-futures order book showed about 3,911.02 ETH in bids at the $2,303 price level, worth about $9.0071 million in the snapshot. That price level sat $5.40 below the $2,308.40 midpoint, a gap of about 0.23%. Nearby bids totaled about $84.16 million, while asks came to about $55.34 million. The resulting bid-side advantage was about $28.83 million, or 20.66% of total depth across the measured price levels. Perpetual futures track an asset’s price and have no expiration date. The snapshot adds to earlier TokenPost coverage of Binance Ether perpetual liquidity, which also showed a bid-side advantage.

Source: TokenPost