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Binance Ether Perpetual Near-Price Orders Show a $13.73 Million Sell Gap

The same Oct. 15 snapshot showed heavier buy orders in Binance and Coinbase spot markets.

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A metal balance tips toward a dense array of brass blocks / TokenPost.ai
A metal balance tips toward a dense array of brass blocks / TokenPost.ai

Ether (ETH) stood at $2,361.52 in an Oct. 15 snapshot, while Binance’s near-price perpetual order book showed a $13.73 million surplus of sell orders over buy orders.

In the near-price portion of Binance’s Ether perpetual order book, sell orders amounted to $63.38 million, compared with $49.65 million in buy orders. The difference was $13.73 million.

Binance and Coinbase spot markets had more buy than sell orders, and both books were smaller than Binance’s perpetual market.

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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