Binance Perpetual Book Showed Bitcoin (BTC) Bid Worth About $7.54 Million Nov. 5

A Nov. 5 snapshot of Binance’s Bitcoin (BTC) perpetual market showed an approximately $7.54 million bid at $80,427, while bid-side liquidity held only a small overall edge.

The order represented 93.741 BTC. Its price was about $9 below the market’s midpoint of about $80,436.

Across near-term levels, bids totaled about $46.02 million, compared with about $44.81 million in asks. The about $1.218 million difference represented 1.34% of total depth.

A prior Binance perpetual book snapshot showed an $11.95 million bid at $82,135. The Nov. 5 reading reflects a different price level and observation.

Enna Lee

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].