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Binance's Ether (ETH) Perpetual Market Tilts to Sellers by About $7.2 Million

Ether was priced at $2,193.73 in the reading. Smaller sell-side gaps appeared in Binance spot and perpetual books on OKX and Hyperliquid.

Updated 1 min read
A trader studies an Ether perpetual order book on a laptop in Singapore. / EconoTimes.ai
A trader studies an Ether perpetual order book on a laptop in Singapore. / EconoTimes.ai

A Thursday snapshot of Binance’s Ether (ETH) perpetual order book showed sell orders exceeding buy orders by about $7.2 million, offering a momentary view of posted trading interest.

Sell orders totaled $46.04 million and buy orders $38.84 million, leaving a difference of about $7.2 million based on the displayed totals. Ether was priced at $2,193.73 in the reading.

The sell-side tilt also appeared in Binance spot orders and in perpetual books on OKX and Hyperliquid, though those imbalances were smaller.

The gap was narrower than the $8.52 million sell advantage in an earlier Binance perpetual-book snapshot. The balance was reversed in EconoTimes’ Oct. 22 Binance perpetual-market reading, when buy orders exceeded sell orders by $2.43 million.

The figures show displayed liquidity at one point in time, not completed trades. They cannot establish whether the listed orders later traded or influenced Ether’s price.

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