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Bitcoin’s Binance Perpetual Book Shows a $10.08 Million Bid Lead

Binance and Coinbase spot books showed more nearby asks than bids.

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새벽 인쇄기 사이로 흘러가는 글자 없는 종이들 / TokenPost.ai (mono)
새벽 인쇄기 사이로 흘러가는 글자 없는 종이들 / TokenPost.ai (mono)

The Thursday snapshot showed $60.76 million in nearby Binance perpetual bids, $10.08 million more than asks.

Binance’s perpetual book listed $50.68 million in nearby asks. Binance’s and Coinbase’s spot books each showed more asks than bids, and both were smaller than Binance’s perpetual book in the snapshot.

Order-book figures reflect orders posted at a particular moment and market, rather than total Bitcoin trading across exchanges. A sudden large buy or sell could move a thinner order book first and make price swings more pronounced.

An earlier Binance Bitcoin perpetual-book snapshot recorded a single $11.95 million bid at $82,135 and a $10.95 million surplus across nearby buy orders. That was a separate reading: the $11.95 million amount was one order, while $10.95 million measured the difference across nearby buy and sell orders.

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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