Coinbase has a negative premium of 86 days and the purchasing power of the United States market has been low. Fancy

On 12 August, the Coinbase bitcoin premium was 86 days in a negative range from 19 May to 12 August, according to CoinGlass data, with the latest report - 0.173 per cent, continuing to record the longest consecutive negative premium since the introduction of the indicator. The longest record was 40 consecutive days from January 16 to February 24 this year, and more than 30 consecutive days of negative premiums during last year's 1011 crash. The Coinbase bitcoin premium index is used to measure the price differential between CoinbasePro and Binance. The index continues to be negative, usually meaning that Coinbase offers are relatively low, reflecting weak purchasing or high sales pressure on the United States market, but it is not appropriate to rely on this indicator to directly identify institutional funds as being flowing。