Markets· ★★· bearish·

Coinbase BTC order book shows $6.1M sell wall at $85,902

  • —Sell order of 70.96 BTC worth $6.1M placed at $85,902
  • —Order price was 0.43% above the mid price at the time
  • —Nearby bids $22.59M vs asks $26.79M, a $4.2M sell-side edge
  • —The order accounts for 8.51% of total book depth
Why it matters: The large ask could cap BTC's advance near $86,000, though cancellation or execution would quickly shift the picture.
#BTC
Source: TokenPost
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