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Coinbase Ether Order Book Shows $20 Million in Nearby Sell Orders

A displayed ask for 4,200.01 ETH at $2,372 was valued at about $9.96 million, 1.96% above the $2,326.30 midpoint.

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Silver coin beside a towering red block and shorter green bars / TokenPost.ai
Silver coin beside a towering red block and shorter green bars / TokenPost.ai

A Coinbase spot-market snapshot showed about $20.03 million in nearby Ether sell orders, exceeding buy orders by about $7.97 million. That imbalance represented 24.81% of total order-book depth.

The largest cited ask was 4,200.01 Ether (ETH) at $2,372, with a notional value of about $9.96 million. That price was 1.96% above the $2,326.30 midpoint.

Nearby buy orders totaled about $12.07 million, compared with roughly $20.03 million in sell orders. The snapshot reports displayed orders and contains no trade-execution data.

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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