ChainCatcher report, according to data from the order book intelligence platform Liquid247.xyz, Coinbase spot BTC has a sell order of approximately 67.74 BTC at $83,552, equivalent to about $5.66 million, representing a 0.38% premium above the mid-price of $83,238 at the time. The total near-term sell depth on the same exchange is approximately $30.2 million, while buy depth is around $20.95 million. Coinbase spot sell orders exceed buy orders by approximately $9.25 million, accounting for 18.08% of total depth. The sell order at $83,552 is the most prominent resistance level in the near-term order book.
Coinbase BTC Spot Market Displays $5.66M Sell Order at $83,552
ChaincatcherShare
Summary
The BTC price experienced a large sell order of 67.74 BTC, valued at $5.66 million, on Coinbase’s BTC/USD spot order book at $83,552—0.38% above the mid-price. Sell-side depth totaled $30.2 million, while buy-side depth stood at $20.95 million, resulting in a net sell advantage of $9.25 million. BTC order book dominance remains skewed toward sellers at this level.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.