Coinbase Bitcoin Order Book Shows $14.65 Million Sell-Side Gap

Coinbase's spot Bitcoin (BTC) order book showed $14.65 million more sell-side than buy-side depth in an Oct. 24 snapshot.

Coinbase's book had $33.17 million in sell-side depth against $18.52 million in buy-side depth. Bitcoin was quoted at $80,646 in the snapshot. The figures measure the dollar value on each side of the book, not counts of individual orders.

Binance's spot market and perpetual markets on OKX and Hyperliquid also had more sell-side than buy-side depth. Their sell-side depth was smaller than Coinbase's, but no dollar figures for those three books were provided.

A prior Coinbase spot order-book reading showed an $8.63 million sell-side lead on Oct. 18. The Oct. 24 figures describe separate venue-level observations and provide no combined total. The snapshot alone does not establish what Bitcoin's price did afterward.