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Binance's Ether bids exceed asks by $8.34M, signaling strong near-term buying interest.

Market News
10 Nov 2026, 03:11 WIB
Tokenpost
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Bullish
Binance's Ether bids exceed asks by $8.34M, signaling strong near-term buying interest.

A recent snapshot of Binance's Ether (ETH) perpetual order book showed near-term buy orders exceeding sell orders by $8.34 million, with bids totaling about $66.29 million against $57.95 million in asks. This $8.34 million lead represents 6.71% of the combined order book depth of approximately $124.24 million. One notable bid was $7.14 million at a price of $2,118 for 3,372.56 ETH, slightly below the midpoint price of $2,128.88. This imbalance suggests strong near-term buying interest in Ether on Binance, which could influence short-term price movements.

Ethereum shows strong buying interest on Binance, while on Pluang it trades at Rp38.475.983 with a slight 0.35% decline as of Nov 10, 2026 08:21 WIB. Pluang data reveals 69% of order activity is buy, indicating continued demand despite the small price drop. The typical hold time on Pluang is 109 days, suggesting investors maintain positions for the medium term.

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