ETH was quoted at $2,441.81, according to order book data tracked by Liquid247.xyz. The platform said the deepest liquidity was on Binance perpetuals, where bids stood at $70.9534 million and asks at $61.2456 million, leaving bids ahead by $9.7078 million. On Coinbase spot, bids were also thicker than asks, though the scale was smaller than on Binance perpetuals. Liquid247.xyz added that if a large buy or sell order hits the market suddenly, exchanges with thinner books are likely to move first, with sharper price swings showing up there sooner.
ETH was trading at $2,441.81, according to monitoring by order book intelligence platform Liquid247.xyz.
The platform said the thickest book was on Binance perpetuals, with $70.9534 million in bids versus $61.2456 million in asks. That left bids ahead by $9.7078 million.
On Coinbase spot, bids were also thicker than asks, but the overall size was smaller than on Binance perpetuals. Liquid247.xyz said that if a large buy or sell order appears suddenly, exchanges with thinner books would be moved first, and price swings there would likely be more pronounced.
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