Binance Bitcoin (BTC) Perpetual Book Shows $22.22 Million Bid Lead

A Nov. 9 snapshot of Binance’s Bitcoin (BTC) perpetual market showed bids exceeding asks by $22.22 million, with a large order listed just below the midprice. Across nearby levels, the book contained $63.9 million in bids and $41.68 million in asks. Bids are buy orders, while asks are sell orders; their difference was $22.22 million. At one price level, a bid for about 240.86 BTC was listed at $73,700, with a notional value of roughly $17.75 million. That price was about 0.19% below the snapshot’s $73,839 midprice.