Binance Ether Spot Book Shows $803,700 Buy-Side Liquidity Edge

Binance’s Ether spot market showed $803,700 more buy-side liquidity than sell-side liquidity in an Oct. 17 snapshot, a measure of displayed depth as Ether traded at $2,428.13. Buy-side liquidity totaled $9.8819 million, compared with $9.0782 million on the sell side. The comparison reflects dollar value, not the count of individual orders. OKX’s perpetual market also had greater buy-side liquidity than sell-side liquidity, though its order-book scale was smaller than Binance’s spot market. TokenPost previously covered a separate Binance spot bid advantage in an Ether order-book snapshot . Enna Lee reports on investing and digital-asset markets for TokenPost.

Source: TokenPost