Coinbase order book shows $5.25M bid for 63.51 BTC at $82,610
- —Bid for 63.51 BTC at $82,610 is worth about $5.25 million
- —Order price is 0.37% below the $82,916 mid price
- —Near-range asks total $25.36M versus $25.29M in bids
- —Depth gap is 0.12%; the order can be cancelled before it fills
Why it matters: Large resting orders flag areas of buyer interest, but they can be pulled at any time and do not by themselves signal market direction.
Source: TokenPost