Binance Ether (ETH) Perpetual Book Shows $7.41 Million Bid at $2,215

A $7.41 million order to buy Ether (ETH) appeared at $2,215 in Binance’s perpetual market on Oct. 30, while displayed bids across the book exceeded asks.

The order contained 3,345.54 ETH. The book’s midpoint was $2,225.32, putting the bid 0.46% below that level.

Displayed buy orders totaled $55.36 million, compared with $45.61 million in sell orders. The resulting $9.75 million bid surplus equaled 9.66% of combined depth.

TokenPost covered a separate Oct. 27 reading in an earlier Binance Ether perpetual-book article.

An order-book snapshot records orders displayed at a particular moment, rather than completed trades. The $7.41 million figure represents one bid at one price; the depth totals add up orders across the book. This point-in-time reading does not establish whether the bid was later filled or whether the imbalance remained.