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Coinbase's Bitcoin Book Shows a $1.67 Million Bid-Side Lead

Nearby bids totaled $26.26 million against $24.59 million in sells; those rounded totals yield a 3.28% share, compared with the displayed 3.29%.

Updated 1 min read
A Bitcoin order-book graphic shows deeper bids than offers against a fog-softened San Francisco skyline / EconoTimes.ai
A Bitcoin order-book graphic shows deeper bids than offers against a fog-softened San Francisco skyline / EconoTimes.ai

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An earlier Coinbase reading had nearby sells ahead by about $77,500; the Saturday, Oct. 17, spot Bitcoin (BTC) snapshot instead showed $26.26 million in bids against $24.59 million in sells.

That edge was listed as 3.29% of combined visible orders; dividing the displayed, rounded totals gives about 3.28%.

The displayed midpoint was $81,483. One listed offer covered 61.84 BTC at $81,869, 0.47% higher.

A previous reading had the reverse balance, with nearby sell orders ahead by about $77,500.

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