Binance spot BTC bids lead asks by $5.77M, Hyperliquid sell orders 6.4x larger
- —Binance spot: bids $16.16M vs asks $10.39M — $5.77M buy-side lead
- —Hyperliquid: asks $12.18M vs bids $1.89M — sell orders 6.4x larger
- —Coinbase spot: bids $26.68M topped asks $23.69M by $2.99M
- —OKX and Binance futures: sell-side leads of $4.24M and $1.3M
Why it matters: Diverging order books show spot demand holding on Binance and Coinbase, while heavy Hyperliquid selling could amplify slippage on large orders.
Source: TokenPost