Coinbase Bitcoin (BTC) Order Book Shows $7.24 Million Sell-Side Edge
Photo: TokenPost
Coinbase’s spot Bitcoin (BTC) order book showed $25.34 million in nearby sell orders and $18.11 million in buy orders, leaving sell-side depth about $7.24 million higher in the snapshot. The gap represented 16.66% of combined depth. The order book also showed an offer for 61.22 BTC at $81,887, with a nominal value of about $5.01 million. The offer price was about 0.39% above the $81,566 midpoint. The figures reflect posted orders on Coinbase at a single point in time. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
