BTC Trades Near $85,580 as Binance Perpetuals Show the Deepest Nearby Bid Wall

BTC Trades Near $85,580 as Binance Perpetuals Show the Deepest Nearby Bid Wall

N
News Editor
2026-10-06 08:02:47
Bitcoin was quoted at about $85,580, according to order-book monitoring platform Liquid24/7.xyz. The platform’s latest snapshot showed stronger nearby bids than asks on Binance perpetuals, with buy orders at roughly $49.7076 million versus sell orders at about $45.7305 million, leaving bids ahead by around $3.9771 million. Binance spot also showed a bid surplus, with buy orders of about $14.042 million and sell orders of roughly $11.7821 million, a net bid advantage of about $2.2599 million. Elsewhere, Coinbase spot leaned the other way. Buy orders were about $24.4913 million, while sell orders reached roughly $25.8692 million, putting asks ahead by around $1.3779 million. On OKX perpetuals, buy orders stood near $15.1735 million and sell orders near $15.8917 million, with asks ahead by about $718,200. Hyperliquid perpetuals posted buy orders of around $11.7525 million against sell orders of about $2.8715 million, giving bids a net lead of roughly $8.881 million. Among the venues tracked, Binance perpetuals showed the most notable bid depth, while Hyperliquid perpetuals led on the ratio of net buying interest.

Bitcoin was trading at about $85,580, according to monitoring data from order-book intelligence platform Liquid24/7.xyz.

Order-book positioning across venues

On Binance perpetuals, nearby buy orders were about $49.7076 million, compared with roughly $45.7305 million in sell orders, leaving bids ahead by around $3.9771 million. On Binance spot, buy orders were about $14.042 million and sell orders were roughly $11.7821 million, for a net bid surplus of around $2.2599 million.

On Coinbase spot, buy orders were about $24.4913 million, while sell orders reached roughly $25.8692 million, putting asks ahead by around $1.3779 million.

On OKX perpetuals, buy orders stood near $15.1735 million and sell orders near $15.8917 million, with sell orders ahead by about $718,200. On Hyperliquid perpetuals, buy orders were about $11.7525 million versus roughly $2.8715 million in sell orders, giving bids a net lead of around $8.881 million.

What stood out in the snapshot

Among the venues covered, Binance perpetuals showed the most pronounced bid depth. Hyperliquid perpetuals, meanwhile, led in terms of the net-buying ratio.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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