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Binance Bitcoin (BTC) Perpetual Book Shows $28.74 Million Bid Surplus

At $76,410, displayed bids totaled 161.38 BTC, about 0.02% below the $76,427 midpoint.

Updated 1 min read
A Bitcoin perpetual order book shows more displayed bids than asks on Binance / EconoTimes.ai
A Bitcoin perpetual order book shows more displayed bids than asks on Binance / EconoTimes.ai

Binance’s Bitcoin (BTC) perpetual order book showed a roughly $28.74 million bid surplus on Wednesday, Nov. 4, a snapshot of visible orders rather than completed trades.

Across nearby price levels, displayed bids (buy orders) were about $73.87 million in value and asks (sell orders) about $45.12 million. The dollar totals are rounded; the snapshot put bids ahead by about $28.74 million, or 24.16% of combined depth.

At $76,410, a displayed bid represented 161.38 BTC, worth about $12.33 million. That price was about 0.02% below the $76,427 midpoint.

The snapshot records orders visible when it was taken; it does not show whether any were filled. An earlier EconoTimes reading of Binance’s perpetual book showed a $13.54 million bid surplus on Oct. 22. The two readings capture separate points in time.

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