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Binance Ether (ETH) Perpetual Bids Outpace Asks by $9.75 Million

A $7.41 million bid for 3,345.54 ETH was listed at $2,215 in the Oct. 30 snapshot.

Updated 1 min read
An anonymous trader studies Ether market data on a laptop in a Seoul office / EconoTimes.ai
An anonymous trader studies Ether market data on a laptop in a Seoul office / EconoTimes.ai

Binance’s Ether (ETH) perpetual book showed bids exceeding asks by $9.75 million on Oct. 30, offering a point-in-time view of posted liquidity in the exchange’s derivatives market.

Bids across the book totaled $55.36 million, compared with $45.61 million in asks. The $9.75 million lead made up 9.66% of the book’s combined displayed depth.

A single bid for 3,345.54 ETH was listed at $2,215. That price was 0.46% below the $2,225.32 midpoint.

The surplus was larger than the $3.11 million lead in EconoTimes’ Oct. 27 Binance perpetual-market reading. Perpetual contracts have no set expiry and are designed to follow the underlying asset’s market price.

The capture reflects orders visible at one moment. It cannot establish whether the $2,215 bid later executed or how long the bid-ask gap lasted.

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