Order book data tracked by Liquid24/7.xyz showed a notable concentration of sell liquidity on Binance’s ETH perpetual market. At the $2,697.00 level, about 5,108.78 ETH in sell orders were posted, representing a notional value of roughly $13.7784 million. The quoted level stood about 0.13% above the mid-price at the time, which was around $2,693.63.
The same snapshot also showed an imbalance in nearby depth on Binance. Aggregate bids were about $55.7766 million, while aggregate asks reached roughly $74.4006 million. That left sell-side liquidity ahead by about $18.624 million, accounting for 14.31% of total depth. The figures were cited by ChainCatcher, which referenced monitoring data from Liquid24/7.xyz.
ChainCatcher reported, citing order book intelligence platform Liquid24/7.xyz, that Binance’s ETH perpetual market showed about 5,108.78 ETH in sell orders posted at the $2,697.00 level, with a notional value of roughly $13.7784 million.
Based on the mid-price at the time, around $2,693.63, that level was about 0.13% higher.
In the same nearby order book snapshot on Binance, aggregate bids totaled about $55.7766 million, while asks were about $74.4006 million. Sell-side liquidity exceeded buy-side liquidity by roughly $18.624 million, accounting for 14.31% of total depth.
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