Coinbase Bitcoin Order Book Shows $6.45 Million Bid at $75,000

A Coinbase spot Bitcoin (BTC) order-book snapshot showed a $6.45 million bid at $75,000, with nearby bids exceeding asks by $18.29 million in displayed liquidity. The order book listed 85.97 BTC at $75,000, for a notional value of about $6.45 million. That price was about 1.35% below the snapshot’s midpoint of approximately $76,026. Nearby bids totaled about $27.44 million, compared with about $9.14 million in asks. The $18.29 million surplus represented 50.01% of combined depth. The $75,000 bid was the snapshot’s most prominent nearby support. It represented posted liquidity, not a completed trade, and does not show that buyers transacted at that level. The reading adds to earlier Coinbase spot Bitcoin order-book coverage . 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.