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Coinbase Bitcoin Order Book Shows $5.34 Million Bid Below Midpoint

Nearby bids totaled $23.74 million, exceeding asks by $1.32 million, or 2.85% of combined visible depth.

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A blue bid bar supports a steel coin beneath a midpoint rail / TokenPost.ai
A blue bid bar supports a steel coin beneath a midpoint rail / TokenPost.ai

A Coinbase spot Bitcoin (BTC) order-book snapshot showed a $5.34 million bid at $81,677, about 0.40% below the $82,003 midpoint. The 65.36 BTC order was the most prominent nearby support in the reading.

Nearby bids totaled about $23.74 million, compared with $22.42 million in asks. The $1.32 million buy-side difference amounted to 2.85% of combined visible depth.

A previous Coinbase order-book snapshot showed a different balance, with asks exceeding bids by about $77,500 and a $5.49 million sell order at $83,836.

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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