Order-book data tracked by Liquid247.xyz showed a notable bid resting on Coinbase’s spot BTC market at $82,581. The order was sized at about 64.37 BTC, giving it a notional value of roughly $5.31 million. The level sat about 0.40% below the mid-price at the time, which was around $82,911.
The same snapshot showed near-touch bids on the venue totaling about $23.73 million, compared with roughly $21.52 million in asks. That left bids ahead by about $2.2 million, equal to 4.88% of total displayed depth in the nearby order book.
Based on the Liquid247.xyz reading cited by ChainCatcher, the resting order near $82,581 stood out as the most visible support level in Coinbase’s near-term BTC spot book.
ChainCatcher reported, citing order-book monitoring platform Liquid247.xyz, that Coinbase’s spot BTC market showed a bid of about 64.37 BTC resting at $82,581, with a notional value of roughly $5.31 million.
That level was about 0.40% below the mid-price at the time, which stood near $82,911.
On the same venue, aggregate bids in the nearby order book were about $23.73 million, while asks were roughly $21.52 million. Bids exceeded asks by about $2.2 million, accounting for 4.88% of total displayed depth.
According to the Liquid247.xyz snapshot cited by ChainCatcher, the resting bid near $82,581 was the most visible support level in Coinbase’s near-touch order book.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
