Order-book data tracked by Liquid24/7.xyz showed a notable sell order on Binance’s ETH perpetual market at $2,588.00. The order totaled about 1,952.83 ETH, with a notional value of roughly $5.05 million. At the time, the level sat about 0.39% above the mid-price of around $2,578.00.
The same snapshot showed near-term sell-side liquidity at about $66.584 million, compared with roughly $55.3821 million on the bid side. That left sell orders ahead by about $11.2018 million, accounting for 9.18% of total depth. The figures point to heavier nearby sell-side depth than buy-side depth in the monitored Binance ETH perpetual order book.
ChainCatcher reported, citing order-book intelligence platform Liquid24/7.xyz, that Binance’s ETH perpetual market showed about 1,952.83 ETH in sell orders at the $2,588.00 level, or roughly $5.05 million in notional value. The price level was about 0.39% above the mid-price of around $2,578.00 at the time.
In the same venue, near-term sell-side orders totaled about $66.584 million, while buy-side orders stood at roughly $55.3821 million. Sell orders exceeded bids by about $11.2018 million, equal to 9.18% of total depth.
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