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

$9.8819 million in buy-side liquidity topped $9.0782 million in sell-side liquidity as Ether traded at $2,428.13 in an Oct. 17 snapshot.

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Clear acrylic columns sit unevenly on a compact metal balance / TokenPost.ai
Clear acrylic columns sit unevenly on a compact metal balance / TokenPost.ai

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

Reporter

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

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