Coinbase Bitcoin Order Book Shows $1.67 Million Buy-Side Imbalance

Coinbase’s spot Bitcoin (BTC) order book showed nearby buy orders exceeding sell orders by $1.67 million on Saturday, Oct. 17, a gap equal to 3.29% of combined visible depth. Buy orders totaled $26.26 million, compared with $24.59 million in nearby sell orders. The most prominent sell offer was for 61.84 BTC at $81,869, about 0.47% above the $81,483 midpoint. The balance differed from an earlier Coinbase order-book snapshot , when nearby sell orders exceeded buys by about $77,500. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.