According to ChainCatcher, citing Liquid247.xyz, Coinbase placed a buy order for 85.15 BTC at $61,500 (approximately $5.238 million) on its spot BTC trading book, representing a 1.93% pullback from the then mid-price of $62,710. The buy order serves as notable near-term support if price retreats to that level.

View Source

Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.