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Binance Bitcoin (BTC) Spot Bids Top Asks by About $720,000

Bitcoin traded at $75,929 in the Nov. 8 snapshot. OKX perpetual bids also exceeded asks, with less depth than Binance spot.

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Binance Bitcoin (BTC) Spot Bids Top Asks by About $720,000 / TokenPost.ai
Binance Bitcoin (BTC) Spot Bids Top Asks by About $720,000 / TokenPost.ai

Bitcoin (BTC) traded at $75,929 in a Nov. 8 snapshot that showed Binance’s spot order book with about $720,000 more in buy orders than sell orders.

Binance spot listed $10.174 million in bids and $9.4545 million in asks. The snapshot’s stated gap was $719,600; subtracting the displayed totals gives $719,500, which also rounds to about $720,000.

OKX perpetuals also showed more bids than asks, but with less depth than Binance spot. Bids are buy orders, while asks are sell orders. A sudden large order can affect thinner books first, where price moves may be more pronounced. TokenPost has previously covered a Binance spot order-book snapshot.

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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