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OKX Ether (ETH) Perpetual Book Shows a $5.26 Million Sell-Side Lead

The book listed $28.42 million in asks and $23.16 million in bids; an ask was valued at about $7.10 million.

Updated 1 min read
An editorial graphic compares displayed sell and buy depth in an Ether perpetual market / TokenPost.ai (macro)
An editorial graphic compares displayed sell and buy depth in an Ether perpetual market / TokenPost.ai (macro)

An OKX Ether (ETH) perpetual-market snapshot put displayed sell orders $5.26 million above buy orders, marking a reversal from the buy-side advantage in the venue’s previous reported reading.

Displayed asks totaled $28.42 million against $23.16 million in bids. The reported difference equaled 10.20% of combined displayed depth. Asks are sell orders; bids are buy orders.

An ask priced at $2,363 represented 3,005.32 ETH, worth about $7.10 million. The price was about 0.02% above the $2,362.47 midprice.

On Oct. 23, an OKX perpetual-book reading showed bids ahead by about $542,400, according to EconoTimes’ earlier report on the same market. The two readings showed opposite displayed balances at different times. Order-book totals describe posted orders in a snapshot; they do not establish whether an order traded or how long it stayed posted.

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