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Bitcoin

Binance Spot Bitcoin Bids Top Offers by About $3.76 Million

Image: TokenPost

Bitcoin (BTC) was priced at $80,282 in a Monday market snapshot that showed Binance’s spot order book with a $3.76 million gap between buy and sell orders. Binance listed $11.92 million in buy orders and $8.16 million in sell orders, giving bids a rounded advantage of about $3.76 million. OKX perpetuals also showed more buy orders than sell orders, with a smaller reported scale than Binance spot. A sudden large buy or sell order can have more effect on exchanges with thinner order books, where prices may move more sharply. TokenPost previously covered a Binance spot snapshot that showed a $4.06 million bid advantage . Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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