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Binance Bitcoin Perpetual Book Shows $8.3 Million Sell Order

The 100.534-Bitcoin order was priced at $82,585, about $4 above the observed midpoint, as sell-side depth exceeded buy-side depth by $4.5 million.

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Brass balance scale tipped toward a stack of metal coins / TokenPost.ai
Brass balance scale tipped toward a stack of metal coins / TokenPost.ai

A sell order for 100.534 Bitcoin (BTC), worth about $8.3026 million, was listed at $82,585 in Binance’s perpetual market as sell-side depth exceeded buy-side depth by $4.4964 million.

The order sat about $4 above the observed midpoint of $82,581. The difference represented approximately 0.00% at the rounded figure.

Nearby buy orders totaled about $40.1391 million, while sell orders reached approximately $44.6355 million. The resulting sell-side excess accounted for 5.30% of the market’s total depth.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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