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Coinbase Ether Spot Bids Top Asks by $3.23 Million in Snapshot

Ether traded at $2,387.39 as Coinbase's spot book showed $13.4277 million in bids and $10.1938 million in asks; Binance also favored bids, while OKX and Hyperliquid perpetual books favored sellers.

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Brass bid bars outnumber graphite ask bars in a machined tray / TokenPost.ai
Brass bid bars outnumber graphite ask bars in a machined tray / TokenPost.ai

A snapshot of Ether (ETH) trading at $2,387.39 showed Coinbase's spot market with $3.234 million more bids than asks, while the balance differed across other venues.

Coinbase's spot order book listed $13.4277 million in bids against $10.1938 million in asks. Binance spot also had more bids than asks, with smaller overall depth than Coinbase.

On OKX and Hyperliquid perpetual markets, sell orders outweighed buy orders. The uneven depth may leave thinner books more affected when a large order arrives, with price movement becoming more pronounced.

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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