Coinbase Bitcoin Order Book Shows $5.11 Million Sell Order Near $82,871
Photo: TokenPost
Coinbase’s spot Bitcoin (BTC) order book showed a 61.63 BTC sell order at $82,871, placing about $5.1071 million in Bitcoin near the market midpoint. The order was approximately 0.42% above a midpoint of $82,523. Nearby sell orders totaled about $23.4237 million, while buy orders amounted to roughly $22.8857 million. The difference gave sell-side depth an edge of approximately $538,000, equal to 1.16% of the combined near-market order-book depth. The reading describes order positioning at the time of the snapshot. The latest reading follows an earlier Coinbase spot Bitcoin order-book reading that showed a nearby sell order positioned above the midpoint.
Source: TokenPost
