Bitcoin was quoted at about $86,199, according to order book monitoring platform Liquid24/7.xyz, with near-term depth showing mixed conditions across major venues. On Binance perpetuals, sell-side depth stood at roughly $62.7118 million versus about $40.0389 million on the bid, leaving asks ahead by around $22.6729 million. Binance spot showed a similar imbalance, with sell orders at about $11.8054 million and buy orders at about $8.1839 million, a gap of roughly $3.6214 million in favor of sellers.
Elsewhere, the picture was different. Coinbase spot had buy orders of about $10.984 million against sell orders of about $9.2775 million, putting bids ahead by roughly $1.7065 million. On OKX perpetuals, buy-side depth reached about $15.8433 million compared with $9.939 million on the sell side, a bid advantage of roughly $5.9043 million. Hyperliquid showed the sharpest imbalance: perpetual sell orders were about $10.9811 million while buy orders were only about $576,100, leaving sells ahead by around $10.405 million. Liquid24/7.xyz said the near-term bid side on Hyperliquid was notably thin, meaning slippage could widen sharply if a large market order hits the book.
Bitcoin was trading at about $86,199, according to monitoring data from order book intelligence platform Liquid24/7.xyz.
Near-term order book depth across exchanges
On Binance perpetuals, near-term sell-side depth was about $62.7118 million, compared with roughly $40.0389 million on the buy side. That left sell orders ahead by about $22.6729 million.
On Binance spot, sell orders were about $11.8054 million and buy orders were about $8.1839 million, with the sell side ahead by roughly $3.6214 million.
Coinbase spot showed the opposite setup. Buy orders were about $10.984 million, versus sell orders of about $9.2775 million, leaving bids ahead by around $1.7065 million.
OKX perpetuals also leaned toward the buy side, with bids at about $15.8433 million and asks at about $9.939 million. The net difference was roughly $5.9043 million in favor of buyers.
Hyperliquid perpetuals showed a much heavier sell side. Sell orders were about $10.9811 million, while buy orders were only about $576,100, putting the sell side ahead by around $10.405 million.
Thin bid side on Hyperliquid
Liquid24/7.xyz said the near-term buy side on Hyperliquid was visibly thin. If a large market order appears, slippage could widen significantly.
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