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Binance Bitcoin perpetual market shows $4.71M more buy orders than sell orders on Nov 12

12 Nov 2026, 14:01 WIB
Tokenpost
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Neutral
Binance Bitcoin perpetual market shows $4.71M more buy orders than sell orders on Nov 12

On November 12, the Binance Bitcoin perpetual market displayed $47.07 million in buy orders versus $42.36 million in sell orders, indicating a $4.71 million bid lead. In contrast, other markets like Binance spot, Coinbase spot, and OKX perpetual had heavier sell orders than buy orders. This bid dominance on Binance perpetual suggests stronger buying interest there, which could influence price movements, especially in thinner order books where large trades have more impact.

While Binance's Bitcoin perpetual market shows a $4.71 million bid lead, Binance Coin (BNB) on Pluang trades at Rp12.026.537 with a 1-day decline of 2.17% as of Nov 12, 2026 19:21 WIB. Despite strong buy orders in Binance perpetual BTC, BNB's order activity on Pluang leans more toward selling at 56%, contrasting the buying interest seen in the perpetual market. This highlights differing investor behavior between the Bitcoin perpetual market and Binance Coin on Pluang.

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