Liquid247 shows heavier sell wall than buy wall on Binance ETH perpetuals

Liquid247 shows heavier sell wall than buy wall on Binance ETH perpetuals

N
News Editor
2026-10-09 06:02:58
Market depth data tracked by Liquid247.xyz showed ETH at $2,491.14, with the thickest order book concentrated on Binance perpetuals. On that venue, sell-side depth stood at $57.2415 million, compared with $49.0568 million on the bid side, leaving asks ahead by $8.1848 million. The platform also noted that Binance spot showed thicker bids than asks, though the overall size there was smaller than in perpetuals. According to the monitoring update cited by ChainCatcher, thinner venues are likely to react first if large buy or sell orders hit the market, with price swings tending to be more visible on exchanges where depth is lighter. The figures reflect current order book conditions rather than a directional forecast.

ChainCatcher cited order book monitoring platform Liquid247.xyz as showing ETH at $2,491.14.

The thickest depth was on Binance perpetuals, where sell orders totaled $57.2415 million and buy orders totaled $49.0568 million. That left the sell side ahead by $8.1848 million.

On Binance spot, bid depth was thicker than ask depth, but the overall size was smaller than in the perpetual market. Liquid247.xyz said that if large buy or sell orders appear, exchanges with thinner books are likely to move first, and price volatility there would be more pronounced.

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