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Ether Perpetuals Show $2.62 Million Binance Bid Advantage

ETH was priced at $2,233.04 in the Nov. 8 snapshot, which also showed more bid depth than ask depth on Binance and Coinbase spot markets.

By Enna Lee
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A silver faceted token rests beside unequal metal balance weights / TokenPost.ai
A silver faceted token rests beside unequal metal balance weights / TokenPost.ai

Ether (ETH) was priced at $2,233.04 in a Nov. 8 order-book snapshot, which showed a $2.62 million bid advantage on Binance’s perpetual market.

The book listed $64.9736 million in bids against $62.3569 million in asks, a $2.6167 million gap. Binance and Coinbase spot markets also showed more bid depth than ask depth, though both were substantially smaller than Binance’s perpetual market.

TokenPost previously covered a separate Binance Ether spot-book bid advantage.

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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