The near-term sell orders for BTC are thicker, with Coinbase's spot sell orders at 20,592,700 USD, which is 3,302,600 USD more than the buy orders

According to the market information platform Liquid247.xyz, the current price of BTC is $78,326. The thickest order book is on Coinbase spot: sell orders amount to $20.5927 million, buy orders amount to $17.2901 million, with sell orders exceeding buy orders by $3.3026 million.

Binance spot and OKX perpetual buy orders are also thicker than sell orders, but the scale is smaller than Coinbase spot. If a large buy or sell order suddenly appears, exchanges with thinner order books will be affected first, and price fluctuations will be more pronounced.