Coinbase’s displayed ask-bid gap measured $8.62 million on Wednesday, below the $14.65 million reading on Oct. 24; Bitcoin was quoted at $73,916 in the newer snapshot.
Coinbase listed $30.26 million in sell orders against $21.64 million in buy orders, a difference of $8.62 million. Its sell-side value also exceeded the sell-side totals recorded on Binance’s spot market, OKX’s perpetual market and Hyperliquid’s perpetual market. Those three venues each had more asks than bids.
The dollar figures describe orders displayed when the snapshot was captured. They do not count completed trades or establish which displayed orders were later filled, so the reading represents a momentary view of listed liquidity.
A separate Oct. 24 Coinbase spot-book reading recorded a $14.65 million sell-side gap, with $33.17 million in asks and $18.52 million in bids. Bitcoin was quoted at $80,646 in that snapshot. The earlier gap was wider than the Nov. 11 reading, but the two captures are point-in-time comparisons.
