Ether (ETH) was quoted at $2,266.13 in a market reading that showed Binance’s spot order book with about $1.96 million more in bids than asks. Binance spot had the largest book among the markets measured, while Binance perpetuals and Coinbase spot showed smaller bid-side imbalances.
Binance spot listed $9.0174 million in bids and $7.0547 million in asks. Bids are buy orders, while asks are sell orders.
A sudden large buy or sell order could affect thinner order books first, with more pronounced price volatility.
Enna Lee
Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].
