Coinbase Bitcoin Premium Index Turns Deeply Negative



US sell pressure is intensifying.

The Coinbase Premium has dropped sharply into heavily negative territory, signaling that American institutional and retail investors are aggressively selling Bitcoin.

What it means:
- Big US players are dumping BTC
- Selling pressure on Coinbase significantly outweighs buying
- American investors acting as net distributors

When the premium goes this negative, it often means whales and institutions are using Coinbase to offload positions — with retail potentially serving as exit liquidity.

Watch this metric closely. Sustained negative premium usually aligns with increased downward pressure on price.

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BTC0.14%
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