According to Coinglass data, the Coinbase Bitcoin Premium Index has been in negative premium territory for 40 consecutive days, currently at -0.1569%, reflecting continued weakness in U.S. market buying power. The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase and the global market average price; a negative premium typically indicates heavier sell pressure in the U.S. market, a decline in investors’ risk appetite, an increase in risk-averse sentiment, or capital outflows.

BTC0.69%
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Post-RainTvl
· 2h ago
Negative premium will eventually turn positive, the problem is whether you can withstand this period of volatility.
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GateUser-0c86a4c9
· 2h ago
-0.1569% doesn’t look like much, but persisting this long shows institutional buying has indeed weakened.
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LiquidationLineInTheReflection
· 2h ago
For 40 days, there’s been a negative premium—while GBTC on the other side is also seeing net outflows. Is North American capital collectively pulling out?
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TidepoolQuant
· 2h ago
Capital outflow + risk aversion, classic script, waiting for a turnaround from CPI or Nonfarm Payrolls.
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GateUser-59fc535c
· 2h ago
The Coinbase premium indicator is quite accurate. Last time, after a streak of negative premiums, it dropped quite a lot.
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