Coinbase spot BTC has a sell order of approximately 8.83 million dollars at 83,000 dollars, about 2.38% away from the current price
According to the market intelligence platform Liquid247.xyz, Coinbase's spot BTC has approximately 106.39 sell orders at the $83,000 level, nominally about $8.83 million, which is an increase of about 2.38% from the then mid-price of approximately $81,070. The total near-term sell orders amount to about $33.09 million, while buy orders are about $26.08 million.
Currently, Coinbase's spot sell orders net a surplus of about $7.013 million, accounting for 11.85% of the total depth. This sell order is the most prominent resistance in the near term, and if large buy orders appear, it may exert some pressure on the current price.
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