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Binance Perpetual Book Shows $8.54 Million Bitcoin Bid Near $81,000

Nearby buy orders were $10.19 million above sell orders, equal to 10.46% of combined depth.

By Enna Lee
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A brass block anchors two rows of dark metal pieces / TokenPost.ai
A brass block anchors two rows of dark metal pieces / TokenPost.ai

A 105.41 Bitcoin (BTC) bid, worth about $8.54 million, was listed at $81,000 on Binance’s perpetual market Saturday, Oct. 24. The price was about 0.01% below the market midpoint of roughly $81,005.

Across nearby levels, buy orders totaled about $53.78 million, while sell orders totaled $43.59 million. The $10.19 million gap equaled 10.46% of combined depth.

BTC was at $80,911 on Binance spot at 6:50 p.m. ET Friday, Oct. 23. That spot-market quote measured a different market from the perpetual order book.

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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