Coinbase spot BTC has a sell order of approximately 5.51 million dollars at 85,030 dollars, about 0.40% away from the current price
According to the market intelligence platform Liquid24/7.xyz, Coinbase's spot BTC has about 64.84 sell orders at the price level of $85,030, with a nominal value of approximately $5.51 million, which is about 0.40% above the mid-price of approximately $84,689 at that time. The total buy orders on the near-end market are about $28.48 million, while the sell orders are about $20.43 million.
Coinbase's spot buy orders net a surplus of about $8.05 million, accounting for 16.46% of the total depth. The sell orders at the price level of $85,030 create significant resistance, and if large buy orders appear, it may exert some pressure on the current price.
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