TREE NEWS reports: Data shows Coinbase’s Bitcoin negative premium has persisted for 97 days, setting a new historical record. This prolonged discount indicates sustained selling pressure on the US exchange, reflecting bearish sentiment among institutional investors.
Coinbase Bitcoin Negative Premium Hits 97-Day Record
A 97-day stretch is less about any single print than about persistence: a Coinbase discount is usually read as US-side selling, and its durability suggests that pressure has been structural rather than episodic. The signal matters most for those tracking where institutional flow is concentrated, since the US venue is the one usually watched for that. Whether the discount finally narrows, or simply becomes the new baseline, is the open question.
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