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Binance Bitcoin Buy Orders Top Sells by Nearly $4 Million

Binance spot-market buy orders reached $11.61 million against $7.66 million in sell orders, while Bitcoin traded at $82,840.

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Bitcoin coin beside contrasting stacks of translucent market blocks / TokenPost.ai
Bitcoin coin beside contrasting stacks of translucent market blocks / TokenPost.ai

Binance’s spot market showed a $3.9568 million surplus of near-term Bitcoin (BTC) buy orders over sell orders as BTC traded at $82,840, highlighting a stronger displayed buy side than Coinbase’s spot market.

Buy orders on Binance totaled $11.6122 million, compared with $7.6554 million in sell orders. Coinbase also had more buy orders than sell orders, but its surplus was smaller.

The figures represent displayed order-book depth rather than completed trades. Order books with less liquidity can respond more sharply when a large buy or sell order enters the market, potentially producing wider price swings.

The snapshot adds to earlier coverage of Bitcoin order-book depth, which tracked different buy-side and sell-side balances across major venues.

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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