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Coinbase Bitcoin Order Book Shows $6.45 Million Bid at $75,000

Coinbase Bitcoin Order Book Shows $6.45 Million Bid at $75,000

Photo: TokenPost

A Coinbase spot Bitcoin (BTC) order-book snapshot showed a $6.45 million bid at $75,000, with nearby bids exceeding asks by $18.29 million in displayed liquidity. The order book listed 85.97 BTC at $75,000, for a notional value of about $6.45 million. That price was about 1.35% below the snapshot’s midpoint of approximately $76,026. Nearby bids totaled about $27.44 million, compared with about $9.14 million in asks. The $18.29 million surplus represented 50.01% of combined depth. The $75,000 bid was the snapshot’s most prominent nearby support.

Source: TokenPost

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