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keel
Ledger
65,276,595
Methodology
1.0.8-draft
Age
2s

BTCLN against USDC — what depth stands behind this price?

All assets

BTCLN / USDC

GDPK…VBVT

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
9.91 USDC (shortened; full value 9.919454901382387455304974535347439185077190488414 USDC)Limited by liquidation depth
Depth within 5%
buy9.60 USDC (shortened; full value 9.6045965032189968368678853559 USDC)sell9.78 USDC (shortened; full value 9.788867931976199530702355782457664636862953599517 USDC)
Cost to move +50%
21,000.07 USDC (shortened; full value 21000.07406870005819486444238 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

History

Window
Resolution
Source

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
0.00076905 USDC (shortened; full value 0.0007690551150436 USDC)
Highest
0.00078265 USDC (shortened; full value 0.0007826507993355 USDC)
2026-11-02T01:53:34Z — 2026-11-03T01:08:29Z
Mid price
0.00076905 USDC (shortened; full value 0.0007690551150436 USDC)
25 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.
Price sources disagreenowPRICE_SOURCE_CONFLICTthroughout
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.

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

Largest holder
33.9440 % (shortened; full value 33.94404828047213107899827679 %)
Top ten holders
84.2820 % (shortened; full value 84.28203149813687608424922848 %)
Concentration index
1,710.33 (shortened; full value 1710.3361327602373745572946043112062705670527302758461895)

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