Binance ETH futures bid depth tops asks by $55.9M
- —Binance ETH futures bids at $122M vs asks at $66.49M
- —Binance spot showed $1.53M bid surplus; Coinbase spot had $9.16M ask surplus
- —OKX and Hyperliquid skewed to sellers at $0.9M and $0.46M
- —ETH traded near $2,694.94 at the time of the snapshot
Why it matters: A bid-heavy book on the largest exchange can signal cautious demand, though order books do not reflect traders' actual intent.
Source: TokenPost