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Binance Ether (ETH) Spot Book Shows a $726,900 Bid-Side Lead

Ether traded at $2,057.15 in the Nov. 12 reading. Coinbase’s spot book also had more bids than asks.

Updated 1 min read
A simple graphic shows a larger bid side in Binance's Ether spot order book. / EconoTimes.ai (mono)
A simple graphic shows a larger bid side in Binance's Ether spot order book. / EconoTimes.ai (mono)

Binance’s Ether (ETH) spot order book showed $726,900 more in buy orders than sell orders on Nov. 12, a snapshot of displayed interest rather than completed trading.

Bids totaled $8.1037 million, compared with $7.3768 million in asks. Ether traded at $2,057.15 in the same reading.

An order book lists bids, or offers to buy, and asks, or offers to sell. The amounts compare the dollar value visible at that moment; they do not establish whether any listed order later executed or whether the imbalance changed Ether’s price.

Binance’s overall book was larger, while Coinbase’s spot orders also leaned toward bids. The result differed from an earlier Binance spot-book snapshot, when bids led asks by $4.25 million.

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