Binance Ether Perpetual Book Shows $15.78 Million Buy-Side Lead

An Oct. 21 snapshot of Binance’s Ether (ETH) perpetual order book showed buy orders exceeding sell orders by $15.78 million, reflecting displayed trading depth at that moment.

Buy orders near the market price totaled about $65.50 million, compared with $49.72 million in sell orders. The difference represented 13.7% of the combined $115.21 million in displayed depth. That percentage compares the gap with the value of both sides combined.

At the $2,436 price level, buy orders totaling 3,519.45 ETH were valued at about $8.57 million. Those orders formed part of the broader buy-side total. The price level was 0.31% below the book’s $2,443.56 midpoint.

An order book displays outstanding buy and sell orders. Its depth is a snapshot of listed orders at a given moment; it does not show that orders were filled or how long they will remain available.