Binance ETH perpetuals show $9.64M bid-side advantage
- —Binance perps: $71.14M in bids vs $61.50M in asks for ETH
- —Binance spot: bids $8.55M vs asks $7.30M, a $1.26M gap
- —Coinbase: bids $14.04M vs asks $12.90M, a $1.15M gap
- —OKX and Hyperliquid also skewed to bids by $2.08M and $0.72M
Why it matters: Heavy resting buy orders on Binance could cushion ETH on a short-term pullback, though they do not guarantee a rally.
Source: TokenPost