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Binance Perpetual Book Showed Bitcoin (BTC) Bid Worth About $7.54 Million Nov. 5

Near-term bids exceeded asks by about $1.218 million, equal to 1.34% of total depth.

By Enna Lee
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A brass disc balances above a narrow acrylic ladder of clear bars. / TokenPost.ai
A brass disc balances above a narrow acrylic ladder of clear bars. / TokenPost.ai

A Nov. 5 snapshot of Binance’s Bitcoin (BTC) perpetual market showed an approximately $7.54 million bid at $80,427, while bid-side liquidity held only a small overall edge.

The order represented 93.741 BTC. Its price was about $9 below the market’s midpoint of about $80,436.

Across near-term levels, bids totaled about $46.02 million, compared with about $44.81 million in asks. The about $1.218 million difference represented 1.34% of total depth.

A prior Binance perpetual book snapshot showed an $11.95 million bid at $82,135. The Nov. 5 reading reflects a different price level and observation.

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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