Coinbase spot order book shows $5.94M bid for 71.7 BTC at $82,928
- —Bid for 71.7 BTC at $82,928 valued at $5.94 million
- —Order price sat 0.41% below the mid price at the time
- —Nearby Coinbase bids totaled $22.67 million vs $20.90 million in asks
- —Buy-side surplus reached $1.77 million, or 4.05% of total orders
Why it matters: A large bid near a key support level may signal demand at current prices, though resting orders can be pulled before execution.
Source: TokenPost