A Binance spot-market reading put displayed Ether (ETH) bids $2.08 million above asks, offering a limited measure of visible liquidity for traders following global digital-asset markets.
Within Binance’s posted depth, bids carried $8.93 million in value and asks $6.85 million, leaving a $2.08 million difference. Coinbase’s book also favored bids, though its overall activity was lower.
An order book lists offers to buy, called bids, and offers to sell, called asks. The dollar figures represent orders visible at the time of the reading, not the number of individual orders.
The snapshot does not record whether those orders were later executed, nor does it establish that the imbalance affected Ether’s price. The comparison covers the Binance and Coinbase spot books, not the full depth of all exchanges.
A separate Nov. 12 Binance spot snapshot recorded a $726,900 lead for bids. The two readings capture separate points in time and do not show changes in the order book between observations.
