Binance Bitcoin (BTC) Perpetual Book Shows $11.7 Million Sell Order
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A Nov. 6 snapshot of Binance’s Bitcoin (BTC) perpetual order book showed a $11.7 million sell order at $76,100, with sell orders slightly outweighing nearby buy orders. The listed offer covered 153.962 BTC and was valued at about $11.7165 million. It sat about 0.10% above the market midpoint of $76,024. Across nearby price levels, buy orders totaled $44.762 million, while sell orders totaled $46.8761 million. The sell-side excess was $2.1141 million, equal to 2.31% of combined depth. The snapshot came a day after Bitcoin’s sharp Thursday decline , during a technology-stock selloff that took BTC from above $80,800 to near $76,000. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
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