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

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 reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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