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Coinbase Bitcoin order book shows $7.24M more sell orders than buy orders, signaling selling pressure.

Technical Signals
17 Oct 2026
Tokenpost
View Source
Neutral
Coinbase Bitcoin order book shows $7.24M more sell orders than buy orders, signaling selling pressure.

Coinbase's spot Bitcoin order book reveals $25.34 million in sell orders versus $18.11 million in buy orders, indicating a $7.24 million higher sell-side depth. This gap represents 16.66% of the combined order book depth, suggesting stronger selling pressure at the snapshot time. Additionally, there is a notable offer of 61.22 BTC at $81,887, slightly above the midpoint price of $81,566. These figures highlight current market sentiment and potential resistance levels for Bitcoin on Coinbase.

Coinbase Bitcoin order book shows a $7.24 million sell-side edge, highlighting a stronger selling pressure at the snapshot time. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 18, 2026 08:31 WIB: out of 50 major cryptocurrencies priced on Pluang, 7 rose and 42 fell today. Notable movers include BAL (Rp16.297, +11.14%), BAT (Rp3.196, -10.58%, with Pluang order activity 51% Sell / 49% Buy), and EOS (Rp12.649, +8.13%).

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