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keel
Ledger
65,276,414
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
1,397.08 USDC (shortened; full value 1397.086632910613318973484985206608482199651277920385 USDC)Limited by liquidation depth
Depth within 5%
buy1,582.84 USDC (shortened; full value 1582.8475982997610663999244064195 USDC)sell1,207.38 USDC (shortened; full value 1207.389066239148699949821902748990281171238897007222 USDC)
Cost to move +50%
15,278.15 USDC (shortened; full value 15278.15948608255442594998686 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

Price

The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.

Lower at the end of the window than at its start

Lowest
76,738.18304068 USDC (shortened; full value 76738.18304068405488285 USDC)
Highest
81,001.88860855 USDC (shortened; full value 81001.88860855591266765 USDC)
2026-10-27T23:53:28Z — 2026-11-03T00:53:19Z
Mid price
77,001.50200150 USDC (shortened; full value 77001.502001502001502 USDC)
8 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.
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout

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.

Both price sources, not only the one that won, and the pair that set the band.

Price used
77,101.96210196 USDC (shortened; full value 77101.9621019621019621 USDC)

Order book mid

AMM pool spot price
76,893.92202234 USDC (shortened; full value 76893.9220223432317583 USDC)

The pool with the largest quote reserve, reported whichever source set the price

Book against pool
0.2705 % (shortened; full value 0.27055464742508458847106525 %)

Past the methodology threshold, the pool price is used and PRICE_SOURCE_CONFLICT fires

Spread
0.2000 % (shortened; full value 0.20000000000000000009831138 %)

Best ask minus best bid, over the mid