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keel
Ledger
65,276,594
Methodology
1.0.8-draft
Age
6s

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
1,433.71 USDC (shortened; full value 1433.713768171685732444482068742045397746028804830129 USDC)Limited by liquidation depth
Depth within 5%
buy1,442.71 USDC (shortened; full value 1442.7152722690858623663240892842 USDC)sell1,311.41 USDC (shortened; full value 1311.41153179089092693366822277795778503509332417346 USDC)
Cost to move +50%
15,279.60 USDC (shortened; full value 15279.60579347099900815123579 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

History

Source

Every stored reading from this source, whenever it was taken

A reconstruction is written where a replay ran rather than on the scan's cadence, so there is no window to choose: the engine returns the readings it holds and the axis below is labelled from them.

No readings were stored in this range from this source

The engine holds no stored reading for Offers implied on this asset. A reconstruction exists only where keel replay has been run, and it has been run on one pair.

Checks

What fires now, how long it has been firing across the window above, and what could not run.

Triggered3

  • One holder owns most of it
  • Thin depth at 5%
  • Supply is concentrated

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.

Concentration and wash trading bound how much of the depth is real.

Largest holder
73.2382 % (shortened; full value 73.23828746329395136952593628 %)
Top ten holders
90.3130 % (shortened; full value 90.31309136797367730993502921 %)
Concentration index
5,489.72 (shortened; full value 5489.7259390207687885090818984262148164065168450732081545)

Herfindahl–Hirschman, over the holder distribution

Volume excluded as not genuine
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used

Volume to supply, 30 day
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used

Last genuine trade
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used