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Coinbase shows $7M more Bitcoin sell orders than buy orders near market price

Technical Signals
20 Oct 2026
Tokenpost
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Neutral
Coinbase shows $7M more Bitcoin sell orders than buy orders near market price

Coinbase's recent order book snapshot reveals that Bitcoin sell orders exceed buy orders by about $7.02 million near the current market price. Displayed sell orders total approximately $30.27 million, while buy orders are around $23.25 million, indicating a 13.12% imbalance favoring sellers. This data reflects only nearby orders, not the entire order book, with the Bitcoin price at about $81,654, slightly above the midpoint price. The higher sell-side pressure could suggest cautious sentiment among traders on Coinbase at this price level.

The recent Coinbase Bitcoin order imbalance shows sell orders exceeding buy orders by about $7.02 million near the current price. For readers following the broader cryptocurrency market, 20 out of 50 major cryptocurrencies on Pluang rose today while 29 fell. Notable movers include BAL up 11.14% at Rp16.297, EOS up 8.13% at Rp12.649, and COMP with 99% buy order activity at Rp412.409, as of Oct 20, 2026 19:51 WIB.

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