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Coinbase Bitcoin (BTC) Order Book Shows $7.24 Million Sell-Side Edge

A 61.22 BTC offer at $81,887 was about 0.39% above the $81,566 midpoint.

By Enna Lee
Published
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A brass coin rests beside a balance tipped toward red blocks / TokenPost.ai
A brass coin rests beside a balance tipped toward red blocks / TokenPost.ai

Coinbase’s spot Bitcoin (BTC) order book showed $25.34 million in nearby sell orders and $18.11 million in buy orders, leaving sell-side depth about $7.24 million higher in the snapshot.

The gap represented 16.66% of combined depth. The order book also showed an offer for 61.22 BTC at $81,887, with a nominal value of about $5.01 million.

The offer price was about 0.39% above the $81,566 midpoint. The figures reflect posted orders on Coinbase at a single point in time.

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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