Skip to content
keel
Ledger
64,750,326
Methodology
1.0.8-draft
Age
4s

BTC against USDC — what depth stands behind this price?

All assets

BTC / USDC

GDPJ…2MZM

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
1,341.12 USDC (shortened; full value 1341.12615592481670648465909765457321358458736742106 USDC)Limited by liquidation depth
Depth within 5%
buy2,266.35 USDC (shortened; full value 2266.3513234811350334744779921653 USDC)sell1,488.31 USDC (shortened; full value 1488.317108802189100238261722217246269137490930414572 USDC)
Cost to move +50%
24,833.50 USDC (shortened; full value 24833.50627816061844987137122 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

History

Window
Resolution
Source

Buy-side depth

What an order can absorb before the price moves against a buyer. The rungs are nested, so one scale covers all three.

Lower at the end of the window than at its start

Lowest
0 USDC
Highest
22,000.49 USDC (shortened; full value 22000.4982263745537966748088786891 USDC)
2026-09-11T17:47:56Z — 2026-10-02T10:38:32ZOne scale across every line on this chart
2% from mid
187.93 USDC (shortened; full value 187.9386313098058811172608222728 USDC)
5% from mid
1,474.06 USDC (shortened; full value 1474.0630018800728587097278789373 USDC)
10% from mid
21,587.26 USDC (shortened; full value 21587.2643832612485205934963467257 USDC)
498 readings from horizon, with no gaps reported. One source per chart.

Checks

What fires now, how long it has been firing across the window above, and what could not run.
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREME146 of 498
Supply is concentratednowHOLDER_CONCENTRATION_HIGH146 of 498
Nothing tradable within 2%ZERO_DEPTH_2PCT40 of 498

Not evaluated3

  • No genuine trade in 30 days
  • No genuine trade in 7 days
  • Volume may be wash traded

Evidence

The figures behind the verdict, as the engine served them.

Volume each side can absorb before the price moves 2, 5 or 10 per cent. Buy side bears on oracle manipulation, sell side on liquidation.

  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
965.08 USDC (shortened; full value 965.0819681357237782354535890155 USDC)
Sell side
409.89 USDC (shortened; full value 409.892611503363703187501679220428256931381143888836 USDC)

5% from mid

Buy side
2,266.35 USDC (shortened; full value 2266.3513234811350334744779921653 USDC)
Sell side
1,488.31 USDC (shortened; full value 1488.317108802189100238261722217246269137490930414572 USDC)

10% from mid

Buy side
21,890.92 USDC (shortened; full value 21890.9258461006908479423721657829 USDC)
Sell side
2,682.25 USDC (shortened; full value 2682.25231184963341296931819530914642716917473484212 USDC)

Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.