Order book data tracked by Liquid247.xyz showed a notable concentration of sell interest in Binance ETH perpetuals at the $2,290.00 level. The platform recorded about 4,145.81 ETH in sell orders at that price, with a notional value of roughly $9.4939 million. The order sat around 0.07% above the mid-price at the time, which was about $2,288.40.
Liquid247 also showed that, in Binance’s near-touch order book, aggregate sell-side liquidity stood at about $66.5068 million, compared with roughly $50.2669 million on the buy side. That left sell orders ahead by around $16.2399 million, accounting for 13.91% of total depth. The figures point to heavier sell-side liquidity than buy-side liquidity in the nearby ETH perpetual market on the exchange at the time of the snapshot.
According to ChainCatcher, order book monitoring platform Liquid247.xyz detected a sizable sell wall in Binance ETH perpetuals at the $2,290.00 level.
The platform showed about 4,145.81 ETH in sell orders at that price, with a notional value of roughly $9.4939 million. The order was about 0.07% above the mid-price at the time, which stood near $2,288.40.
In Binance’s nearby order book, aggregate sell-side liquidity totaled about $66.5068 million, while buy-side liquidity was about $50.2669 million. That left the sell side ahead by roughly $16.2399 million, representing 13.91% of total depth.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
