Add as a preferred source on GoogleCoinbase Spot Bitcoin Book Shows $5.56 Million Sell Order Near $82,289
A sell order for 67.53 BTC sat 0.43% above the $81,933 midpoint, while nearby sell-side depth exceeded buy-side depth by $2.08 million.
Coinbase’s spot Bitcoin (BTC) order book showed a $5.56 million sell order near $82,289, creating a notable resistance level above the market midpoint.
The order represented 67.53 Bitcoin (BTC) and was positioned about 0.43% above the $81,933 midpoint. That midpoint reflects the level between the highest nearby buy offer and lowest nearby sell offer.
Nearby sell orders totaled about $21.49 million, while buy orders amounted to roughly $19.41 million. The resulting $2.08 million difference gave sellers a 5.08% edge in the combined near-term order-book depth.
The $82,289 price was the most prominent nearby resistance level in the reading.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.