Mars Finance News, May 21 — According to Coinglass data, Coinbase Bitcoin premium index has been in negative premium for six consecutive days, currently at -0.0919%. Continuous outflows from Bitcoin spot ETFs highlight weak purchasing power in the U.S. market. The Coinbase Bitcoin premium index is used to measure the difference between Bitcoin prices on Coinbase and the average global market price. A negative premium typically indicates greater selling pressure in the U.S. market, decreased investor risk appetite, increased market risk aversion, or capital outflows.

BTC-0.49%

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BluePeonyDoesn'tDrop

· 6h ago

Wait until the premium normalizes before talking. Right now, it's easy to get trapped on the left side.

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AuroraStone

· 13h ago

Spot ETFs are all flowing out, indicating it's not a derivatives issue; real money is withdrawing.

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PaperSculptureOctopus

· 15h ago

Coinbase premium is a pretty accurate indicator; the last time there was consecutive negative premium was in March.

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GateUser-0d1088ad

· 16h ago

Is the purchasing power in the United States weak? Can Asian markets catch up during Asian trading hours?

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NightFlightPancake

· 20h ago

Risk aversion sentiment is rising, and the recession expectations over there in the US are growing stronger.

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DuskStop-LossLine

· 20h ago

ETF continues to flow out, and institutions are also pulling out; the bottom of this wave is still far away.

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Mirror-FinishTeacupWith

· 20h ago

Capital outflow + decreased risk appetite, classic bear market combo punch

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GateUser-6bc62511

· 20h ago

Negative premium indicates strong selling pressure, but from another perspective, aren't cheap tokens attractive?

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Coinbase Bitcoin Premium Index records negative values for 6 consecutive days

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