Skip to content
keel
Ledger
65,274,974
Methodology
1.0.8-draft
Age
7s

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
1,672.59 USDC (shortened; full value 1672.592578649794991525594295409441323769316906560382 USDC)Limited by liquidation depth
Depth within 5%
buy1,022.20 USDC (shortened; full value 1022.2030304392745875474217523715 USDC)sell1,761.28 USDC (shortened; full value 1761.280010540506445523526856266736110532411594004618 USDC)
Cost to move +50%
14,838.37 USDC (shortened; full value 14838.37569205458567638295954 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

History

Window
Resolution
Source

Cost to move the price 50%

The stored series carries one manipulation rung, the +50% move. A reading the engine could not produce breaks the line rather than sitting at zero.

Lower at the end of the window than at its start

Lowest
13,318.29 USDC (shortened; full value 13318.29944145574076913521958 USDC)
Highest
38,200.55 USDC (shortened; full value 38200.55917677021120940817116 USDC)
2026-10-03T23:53:32Z — 2026-10-24T18:53:28Z
Cost to move +50%
14,900.81 USDC (shortened; full value 14900.81370717302628616995895 USDC)
500 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
Nothing tradable within 2%ZERO_DEPTH_2PCT16 of 500

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
377.76 USDC (shortened; full value 377.7695791101083061133242284009 USDC)
Sell side
1,090.40 USDC (shortened; full value 1090.403541760865059307117717340318574083936860593438 USDC)

5% from mid

Buy side
1,022.20 USDC (shortened; full value 1022.2030304392745875474217523715 USDC)
Sell side
1,761.28 USDC (shortened; full value 1761.280010540506445523526856266736110532411594004618 USDC)

10% from mid

Buy side
2,076.13 USDC (shortened; full value 2076.1305164402982330922253065547 USDC)
Sell side
3,345.18 USDC (shortened; full value 3345.185157299589983051188590818882647538633813120764 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.