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Add as a preferred source on GoogleBinance Spot Bitcoin Order Book Shows $5.85 Million Bid Lead
Binance spot bids totaled $11.6412 million against $5.7898 million in asks; perpetual trading had a smaller surplus.
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Binance’s Bitcoin (BTC) spot order book had $5.8514 million more in bids than asks, while its perpetual market had a smaller gap.
The spot book listed $11.6412 million in bids and $5.7898 million in asks. The perpetual market also had more bids than asks, with a surplus below the spot market’s $5.8514 million lead.
Sudden large buy or sell orders can affect exchanges with thinner order books first, making price moves more pronounced.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.