Add as a preferred source on GoogleBinance Spot Ether Orders Show $5.6 Million Bid-Side Lead
An Oct. 29 snapshot priced Ether at $2,307.67 and showed smaller buy-side totals on Coinbase spot and OKX perpetual markets.
Ether (ETH) was priced at $2,307.67 in an Oct. 29 snapshot that showed Binance spot bids $5.6032 million above asks and the largest buy-side total among the three markets.
Binance spot buy orders totaled $14.0877 million, compared with $8.4845 million in sell orders. Coinbase spot and OKX perpetual markets also had more buy orders than sell orders, though their buy-side totals were smaller than Binance spot’s.
Order-book depth reflects buy and sell orders close to the current price. A sudden large order can shift prices more sharply on venues with thinner books. TokenPost previously covered a separate Ether order-book snapshot that showed a Binance spot bid advantage.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.