Binance Bitcoin (BTC) Perpetual Book Shows $22.22 Million Bid Lead

A Nov. 9 snapshot of Binance’s Bitcoin (BTC) perpetual market showed bids exceeding asks by $22.22 million, with a large order listed just below the midprice. Across nearby levels, the book contained $63.9 million in bids and $41.68 million in asks. Bids are buy orders, while asks are sell orders; their difference was $22.22 million. At one price level, a bid for about 240.86 BTC was listed at $73,700, with a notional value of roughly $17.75 million. That price was about 0.19% below the snapshot’s $73,839 midprice. The totals cover nearby price levels on the same Binance perpetual book, while the $73,700 figure marks one bid. The figures describe the book in that snapshot. An earlier Binance perpetual Bitcoin book snapshot showed an $11.03 million bid-side lead.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.