Hyperliquid Bitcoin Perpetuals Show $27 Million in Near-Term Buy Orders

An Oct. 23 snapshot of Bitcoin (BTC) perpetuals on Hyperliquid showed $27.08 million in near-term buy orders, a buy-side lead that accounted for 96.12% of combined depth.

Sell orders totaled $536,400, leaving buy orders ahead by about $26.55 million. At $81,800, the book showed a bid for 201.43 BTC, worth about $16.48 million. That price was about 0.01% below the $81,812 midpoint at the time.

The snapshot showed a bid worth about $16.48 million at $81,800, alongside about $27.08 million in aggregate near-term buy orders. These figures describe displayed orders, not completed trades. An earlier snapshot showed a buy-side advantage in Hyperliquid Bitcoin perpetuals.