Coinbase spot BTC has a sell order of about $5.51 million at $85,030, about 0.40% from the current price

ChainCatcher news, according to the monitoring of the market intelligence platform Liquid24/7.xyz, Coinbase spot BTC placed about 64.84 sell orders at the level of $85,030, with a nominal price of about $5.51 million, which was about 0.40% higher than the then middle price of about $84,689. The total buying orders at the same exchange's near-end market were approximately US$28.4773 million, and the selling orders were approximately US$20.4294 million.

Coinbase spot buying was net over $8,047,900, accounting for 16.46% of the total depth. The sell order at $85,030 forms significant resistance. If a large buy order appears, it may exert some pressure on the current price.