# Binance Spot Ether Bids Outpace Asks by $726,900 in Snapshot

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/55224
Published: 2026-11-12T10:12:28.000Z
Updated: 2026-11-12T10:12:28.000Z
Section: Investing

> Coinbase spot also had more bids than asks, but Binance had the larger order book.

Binance’s spot Ether book showed $8.1037 million in buy orders and $7.3768 million in sell orders in a Nov. 12 snapshot, a $726,900 difference, while Ether traded at $2,057.15.

The imbalance left Binance with more displayed buying interest than selling interest near the quoted market price. Bids are buy orders and asks are sell orders; the totals describe the visible order book. Binance had the thickest spot book in the snapshot. TokenPost previously covered [a Binance Ether spot-book snapshot with a $4.25 million bid lead](<https://www.tokenpost.com/news/investing/40786>); that earlier snapshot showed a different price and order balance.

Coinbase’s spot book also listed more bids than asks, but its overall scale was smaller than Binance’s. If Ether’s price moved lower, the Binance spot book had relatively thicker buy orders positioned near the market. The imbalance measures displayed order-book depth, rather than a change in Ether’s price.



## Links in this article

- [a Binance Ether spot-book snapshot with a $4.25 million bid lead](https://www.tokenpost.com/news/investing/40786)
