Coinbase Bitcoin Order Book Shows Imbalance with $5.83 Million Bid Below Midpoint
On October 4, 2026, a reading of the Coinbase spot Bitcoin order book revealed a notable imbalance. A single buy order totaled $5.83 million at a price of $86,165, which was 0.37% below the midpoint of $86,488. This bid represented 67.65 Bitcoin (BTC).
Nearby sell orders were significantly higher, outweighing buy orders by approximately $4.51 million. The total value of nearby bids amounted to $20.06 million, while asks reached about $24.57 million. The difference between these values accounted for 10.11% of the combined order-book depth.
The figures reflect the reported order-book levels at the time of the reading, as reported by Enna Lee, a journalist covering investing and digital-asset markets for TokenPost.