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Coinbase Bitcoin (BTC) Order Book Showed About $5.24 Million Bid at $61,500

The 85.15 BTC bid sat about 1.93% below a roughly $62,710 midpoint, while nearby asks exceeded bids by about $3.16 million.

By Enna Lee
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An unmarked gold coin rests beside uneven rows of metal blocks / TokenPost.ai
An unmarked gold coin rests beside uneven rows of metal blocks / TokenPost.ai

A Coinbase spot Bitcoin (BTC) order-book reading showed an approximately $5.24 million bid at $61,500, while nearby sell orders exceeded buy orders by about $3.16 million.

The bid represented about 85.15 BTC. The midpoint was about $62,710, putting the bid about 1.93% below it.

Nearby bids totaled about $17.895 million, compared with about $21.0518 million in asks. The sell-side excess was about 8.11% of combined order-book depth.

Enna Lee

Reporter

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

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