1 min read
Binance Ether (ETH) Perpetual Order Book Shows $5.05M Sell Order
The order represented 1,952.83 ETH at $2,588, while near-term sell depth exceeded buy depth by $11.2018 million.

Binance’s Ether (ETH) perpetual order book showed a $5.05 million sell order at $2,588 on Oct. 8, with sell-side depth exceeding buy-side depth by more than $11 million.
The order represented about 1,952.83 ETH and was priced approximately 0.39% above the contract’s midprice of $2,578.
Near-term sell orders totaled about $66.584 million, while buy orders reached roughly $55.3821 million. The resulting $11.2018 million difference represented 9.18% of total market depth.
The snapshot follows earlier Binance Ether perpetual order-book coverage that showed a surplus of bids over offers on Oct. 6.