Buy orders exceeded sell orders by $12.75 million in a Nov. 10 snapshot of Binance’s Bitcoin (BTC) perpetual order book, showing a buy-side lead in displayed liquidity.
The snapshot put nearby bids at $56.20 million and asks at $43.45 million. The gap represented 12.79% of the two sides’ combined $99.65 million in displayed depth.
At $75,200, bids represented about 204.51 BTC, valued at $15.38 million. The book put its midpoint estimate at $75,308; the $75,200 bid level was 0.14% lower.
The capture shows orders displayed at a point in time and does not indicate whether they later traded. A separate EconoTimes snapshot of Binance’s perpetual book showed a $22.22 million bid-side surplus.
