Binance Bitcoin Perpetual Book Shows a $19.8 Million Bid at $77,862

Binance’s Bitcoin (BTC) perpetual order book showed a 254.213 BTC buy order priced at $77,862 on Sunday, Nov. 1, with near-end buy-side depth exceeding sell-side depth in the same snapshot. The bid was valued at about $19.79 million. The midpoint in that market was $77,886, putting the order $24 below that reference price, or roughly 0.03% lower. Near-end bids totaled about $66.65 million, compared with $43.21 million in asks. The resulting $23.44 million bid surplus made up 21.33% of total depth. The $19.79 million figure describes the single order at $77,862; the bid and ask totals compare near-end orders.