# Ether’s Binance Spot Book Shows a $4.22 Million Bid Advantage By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/51891 Published: 2026-11-08T23:08:59.000Z Updated: 2026-11-08T23:08:59.000Z Section: Investing > A separate Binance perpetuals snapshot showed $6.9951 million more in sell orders than buy orders. Ether (ETH) was priced at $2,238.88 in a market snapshot that showed Binance’s spot order book with $12.1562 million in bids and $7.9391 million in asks, a $4.2171 million bid advantage. Binance perpetuals showed a different balance, with sell orders exceeding buy orders by $6.9951 million. The figures describe the spot and perpetual markets at the time of the snapshot. Bids are orders to buy, while asks are orders to sell. A large order can have a greater effect on a thinner order book, where fewer displayed orders are available to absorb it. A [prior Binance Ether order-book snapshot]() also showed a spot-market bid lead. ## Links in this article - [prior Binance Ether order-book snapshot](https://www.tokenpost.com/news/investing/48513)