Binance’s Bitcoin (BTC) Perpetual Book Shows a $1.28 Million Bid Edge

A market snapshot priced Bitcoin (BTC) at $82,213 and showed Binance’s perpetual order book with $1.28 million more bids than asks, highlighting uneven depth across venues. Orders seeking to buy totaled $41.54 million on Binance’s perpetual market, compared with $40.26 million in sell orders. It was the thickest book in the snapshot, and the gap between the two sides came to $1.28 million. Binance spot also had more buy orders than sell orders. The balance ran the other way on Coinbase spot and OKX perpetual markets, where sell orders exceeded buy orders. The snapshot shows how displayed order-book depth varied by venue and market type. With less depth available, a sudden large trade can have a stronger effect and produce a sharper price move.

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