Binance Ether Perpetual Book Shows $11.73 Million Bid Surplus
Photo: TokenPost
Binance’s Ether (ETH) perpetual futures order book showed $61.35 million in nearby bids and $49.62 million in asks in an Oct. 20 snapshot, leaving bids ahead by $11.73 million, or 10.57% of combined depth. A displayed bid at the $2,406.87 price level covered about 2,484.3 ETH, worth roughly $5.98 million. The level sat $1.13, or about 0.05%, below the $2,408 midpoint. Its notional value amounted to about 51% of the difference between nearby bids and asks. Bid and ask depth refers to the dollar value of buy and sell orders shown near the market price.
Source: TokenPost
