Coinbase bitcoin has a negative premium of 67 days

On 25 July, according to Coinglass, the Coinbase Bitcoin premium had been in negative range for 67 consecutive days (19 May to date), the latest figure being -0.0708 per cent. The index had previously been in a negative premium for 40 consecutive days from 16 January to 24 February of this year, and had reached the record of the longest "relatively negative" since its introduction, exceeding the number of days of a continuous negative premium of about 30 days during the "1011 crash" period。