Glassnode Launches Live Orderbook Metrics for BTC and ETH

Glassnode recently launched live spot orderbook metrics for Bitcoin (BTC) and Ethereum (ETH), expanding its market analytics platform with real-time liquidity and execution data. The tools are initially available for the most actively traded BTC and ETH pairs on Binance and Coinbase and are accessible to Glassnode Professional users.

The new metrics include Bid/Ask Spread for monitoring top-level liquidity, Depth for measuring available buying or selling liquidity, Price Impact for estimating execution slippage in basis points, Depth Imbalance for comparing buy-side and sell-side liquidity, and Depth Slope for assessing liquidity distribution around the current market price. The analytics are available in 10-minute, 1-hour, and 24-hour intervals with configurable depth ranges. Glassnode also integrated the datasets into Glassnode Studio and supports CSV, JSON, and API access for flexible data analysis and automated trading workflows.