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Order flow

Bitcoin and Ether · the resting book and the takers · updated 22:00 UTC

Bitcoin · the book and the takers

spanbook showntakers
pricethe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reached75,00076,00077,00078,00079,00080,00000:0004:0008:0012:0016:0020:00
pricethe edge of what the book reachedthe edge of what the book reached76,00078,00080,00082,00024 Oct25 Oct26 Oct27 Oct28 Oct29 Oct30 Oct
all orders$100–1k$1k–10k$10k–100k$100k–1M$1M–10M0.00.51.0all orders$100–1k$1k–10k$10k–100k$100k–1M$1M–10M−$2B−$1.5B−$1B−$500M$000:0004:0008:0012:0016:0020:00
— all orders — $100–1k — $1k–10k — $10k–100k — $100k–1M — $1M–10M

The takers by order size are recorded from 25 Oct: a 1W chart from 01 Nov.

Ether · the book and the takers

spanbook showntakers
pricethe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reached2,1502,2002,2502,30000:0004:0008:0012:0016:0020:00
pricethe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reachedthe edge of what the book reached2,2002,2502,3002,3502,40024 Oct25 Oct26 Oct27 Oct28 Oct29 Oct30 Oct
all orders$100–1k$1k–10k$10k–100k$100k–1M$1M–10M0.00.51.0all orders$100–1k$1k–10k$10k–100k$100k–1M$1M–10M−$800M−$600M−$400M−$200M$000:0004:0008:0012:0016:0020:00
— all orders — $100–1k — $1k–10k — $10k–100k — $100k–1M — $1M–10M

The takers by order size are recorded from 25 Oct: a 1W chart from 01 Nov.

What it shows: Top: the US dollars resting in the order book at each price, over time, brighter where more sits; the green line is the price. The book is Coinbase's spot book and OKX's perpetual book added together, in 0.1% steps of the price, within 5% of it, read every 5 minutes. Under it: the takers (traders who buy or sell at once, at the price on offer) running total of buys less sells, from the start of the span, one line for each size of order. An order is sized by its US dollars; all orders is every size added up. Takers are read on Binance, Bybit, OKX, Coinbase and Hyperliquid, spot and perpetuals together.
How to read it: A bright band is a wall: a lot of orders resting at one price. "book shown" dims the quietest part to the darkest red, so with top 20% only the busiest fifth of the book stays lit. The colours run on a log scale: each step brighter is several times more money, so a white wall holds far more than an orange one. On the lower chart, 0 to 1 sets each line between its own lowest (0) and highest (1) in the span, so lines of very different sizes can be compared by shape; US dollars shows their real sizes. A line climbing means that size of order bought more than it sold. The book is read to 5% either side of the price; past that the chart is left plain, and a faint line marks where the record stops. One missed read is drawn as the read before it, since the book barely moves in five minutes; a longer gap is left plain, with a tick on the time axis. Walls are offers, not promises: they can be pulled before the price gets there. Spans longer than the record are greyed out until it is long enough; hover over one to see when. The chart is a common kind traders use, rebuilt here from our own records; it shows what was recorded, not where the price will go.
data to · renewed every 5 minutes

Educational research from public market data; any trading discussed is paper, never real. Nothing here is advice. The full notice.