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Coinbase Bitcoin Order Book Reading Shows $5.83 Million Bid Below Midpoint

The bid at $86,165 was about 0.37% below the $86,488 midpoint. Nearby sell orders exceeded buy orders by about $4.51 million.

By Enna Lee
Published
Mentioned assets
A lower bid marker sits beneath a dense row of sell markers / TokenPost.ai
A lower bid marker sits beneath a dense row of sell markers / TokenPost.ai

A Coinbase spot Bitcoin order-book reading listed a $5.83 million buy order at $86,165, about 0.37% below the $86,488 midpoint, while nearby sell orders outweighed buy orders by about $4.51 million.

The bid represented 67.65 Bitcoin (BTC). Nearby bids totaled about $20.06 million, compared with about $24.57 million in asks. The difference was 10.11% of the combined order-book depth.

The figures describe reported order-book levels at the time of the reading.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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