Binance spot ETH bids outnumber asks by $4.25M
- —Binance spot ETH bids: $12.21M; asks: $7.96M
- —Buy-side surplus reached $4.25M
- —ETH traded at $2,302.77 when data was collected
- —Hyperliquid perpetuals showed a smaller buy-side surplus than Binance spot
Why it matters: A heavier bid stack can signal demand at current levels, though order-book depth can shift before execution.
Source: TokenPost