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Coinbase Bitcoin (BTC) Book Records $1.32 Million Bid-Side Lead

Nearby bids totaled $23.74 million against $22.42 million in asks in the Sunday snapshot.

Updated 1 min read
An anonymous hand holds a phone on a financial-district sidewalk in San Francisco. / TokenPost.ai
An anonymous hand holds a phone on a financial-district sidewalk in San Francisco. / TokenPost.ai

Coinbase’s Sunday, Oct. 18, spot Bitcoin (BTC) order book showed posted buy orders exceeding sell orders by $1.32 million, offering a point-in-time view of visible market depth.

Nearby bids totaled $23.74 million, while asks reached $22.42 million. The difference amounted to 2.85% of the combined visible depth.

The largest nearby bid covered 65.36 BTC at $81,677 and carried a stated value of $5.34 million; the displayed midpoint was $82,003. These figures describe posted orders, not completed trades.

Coinbase’s displayed balance differed across snapshots. A separate Oct. 18 reading showed asks $8.63 million above bids, as EconoTimes reported in its account of the sell-side reading. Another earlier reading had asks about $77,500 higher and included a $5.49 million sell order at $83,836.

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