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Binance Bitcoin Order Book Shows $5.54 Million Sell-Side Lead

Image: TokenPost

A Bitcoin (BTC) spot-market snapshot showed $5.54 million more sell orders than buy orders on Binance, leaving its displayed book weighted toward sellers; Coinbase had a smaller sell-side imbalance. Binance’s book listed $14.20 million in sell orders and $8.66 million in buy orders. Coinbase’s spot market also showed more sell orders than buy orders, with a lower sell-side total than Binance. That differs from an earlier Binance Bitcoin spot order-book snapshot, which showed $3.2845 million more buy orders than sell orders. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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