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Binance Ether (ETH) Perpetual Book Shows $2.68 Million Sell Surplus

Sell orders totaled $59.4484 million, against $56.7652 million in buys. Binance’s spot order book also showed greater sell-side depth, though the book was smaller in scale.

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Binance Ether (ETH) Perpetual Book Shows $2.68 Million Sell Surplus / TokenPost.ai
Binance Ether (ETH) Perpetual Book Shows $2.68 Million Sell Surplus / TokenPost.ai

Binance’s Ether (ETH) perpetual market showed $2.6832 million more sell than buy orders in an Oct. 25 snapshot, with Ether priced at $2,343.23 at the time.

The book listed $59.4484 million in sell orders and $56.7652 million in buy orders. Binance’s spot order book also showed greater sell-side depth, though the book was smaller in scale.

Large orders can have a sharper effect on venues with thinner order books, where price swings may be more pronounced. TokenPost previously covered a similar Binance Ether perpetual-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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