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Binance Ether (ETH) Spot Book Shows $1.96 Million More Displayed Bid Value Than Ask Value

Separate readings of Binance perpetual futures and Coinbase spot showed smaller leads in displayed bid value.

Updated 1 min read
An editorial graphic compares displayed Ether bid and ask values across three trading books / EconoTimes.ai (mono)
An editorial graphic compares displayed Ether bid and ask values across three trading books / EconoTimes.ai (mono)

The snapshot listed $9.0174 million in bid value and $7.0547 million in ask value, leaving bids ahead by $1.9627 million. Ether was quoted at $2,266.13.

Buy orders, called bids, accounted for $9.0174 million; sell offers, or asks, totaled $7.0547 million. Ether was quoted at $2,266.13. That quote was a market reference for the reading, not a price assigned to each order displayed.

Separate readings of Binance perpetual futures and Coinbase spot also showed smaller bid-value leads. The comparison covered those three books, not order depth across other exchanges or Binance’s complete book. The gap compares displayed dollar value, not the number of orders.

An order-book snapshot records displayed interest, not completed trades. It does not show how long the orders remained listed or establish that the gap affected Ether’s price. An earlier Binance spot snapshot showed $3.8126 million more displayed value in asks than bids.

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