1 min read
Add as a preferred source on Google

Coinbase Bitcoin Order Book Shows $1.67 Million Buy-Side Imbalance

A 61.84 BTC sell order at $81,869 stood 0.47% above the $81,483 midpoint.

Mentioned assets
Brass bid markers outweigh steel offers on a precision balance / TokenPost.ai
Brass bid markers outweigh steel offers on a precision balance / TokenPost.ai

Coinbase’s spot Bitcoin (BTC) order book showed nearby buy orders exceeding sell orders by $1.67 million on Saturday, Oct. 17, a gap equal to 3.29% of combined visible depth.

Buy orders totaled $26.26 million, compared with $24.59 million in nearby sell orders. The most prominent sell offer was for 61.84 BTC at $81,869, about 0.47% above the $81,483 midpoint.

The balance differed from an earlier Coinbase order-book snapshot, when nearby sell orders exceeded buys by about $77,500.

Enna Lee

Reporter

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

Loading…