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Coinbase Ether Snapshot Shows $3.56 Million More in Bids Than Asks

Bids totaled $12.57 million against $9.01 million in asks. Ether was priced at $2,224.44 in the snapshot.

Updated 1 min read
A text-free graphic compares Ether bids and asks in a Coinbase spot-market snapshot. / TokenPost.ai
A text-free graphic compares Ether bids and asks in a Coinbase spot-market snapshot. / TokenPost.ai

A Coinbase spot-market snapshot from Nov. 6 showed $3.56 million more in displayed buy orders than sell orders, offering a momentary view of trading interest in Ether (ETH).

Bids totaled $12,569,400, compared with $9,012,300 in asks. Ether was quoted at $2,224.44 in that capture, leaving bids ahead by $3,557,100.

The comparison also found displayed bids ahead of asks on Binance, at a lower overall book value than Coinbase’s.

Order-book totals show the value of orders visible at a particular capture. They do not establish whether any listed order later executed or how long it stayed active.

The latest balance contrasts with a Coinbase spot reading on Oct. 25, when asks were about $7.97 million higher than bids.

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