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Coinbase Bitcoin Order Book Reading Shows $5.83 Million Bid Below Midpoint

TokenPost·October 5, 2026·1 min read
Coinbase Bitcoin Order Book Reading Shows $5.83 Million Bid Below Midpoint

Coinbase's Bitcoin order book shows a $5.83 million bid at $86,165, about 0.37% below the $86,488 midpoint. Nearby sell orders exceed buy orders by roughly $4.51 million, indicating selling pressure near current levels. Traders watch these imbalances for short-term direction.

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