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Coinbase Bitcoin Order Book Shows $5.34 Million Bid Below Midpoint

Coinbase Bitcoin Order Book Shows $5.34 Million Bid Below Midpoint

Photo: TokenPost

A Coinbase spot Bitcoin (BTC) order-book snapshot showed a $5.34 million bid at $81,677, about 0.40% below the $82,003 midpoint. The 65.36 BTC order was the most prominent nearby support in the reading. Nearby bids totaled about $23.74 million, compared with $22.42 million in asks. The $1.32 million buy-side difference amounted to 2.85% of combined visible depth. A previous Coinbase order-book snapshot showed a different balance, with asks exceeding bids by about $77,500 and a $5.49 million sell order at $83,836. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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