Coinbase $BTC Premium Index Hits Record 50-Day Negative Premium Streak



The Coinbase Bitcoin Premium Index has remained negative for 50 consecutive days since May 19, extending the longest negative streak since the indicator was launched. The latest reading stands at -0.0742%. The previous record was a 40-day negative streak from January 16 to February 24 this year, longer than the roughly 30-day streak seen during the "1011 crash." Prolonged negative premiums are often associated with weaker U.S. institutional demand or short-term market pressure.

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MountainBeforeTheStorm
· 07-08 10:59
Record high in 50 days shows domestic US buying is really weak; Asian funds are supporting the market, but the premium is reflected elsewhere, right?
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ContrarianIndicatorBonsai
· 07-08 09:01
Weak institutional demand is a fact, but prolonged negative premium can easily trigger reverse arbitrage, maybe a rebound is coming.
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GateUser-4590f4c6
· 07-08 03:34
prolonged negative premium = institutions lying flat, waiting for a catalyst to break the deadlock
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SeaSaltSparklingWater
· 07-07 15:42
From 40-day record to 50 days, this streak keeps breaking longer, short-term pressure is indeed high, but extreme data often means a reversal is near.
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AlphaAfterTea
· 07-07 12:46
-0.0742% seems small, but 50 consecutive days indicate continuous outflow of US funds, which is different from the 40-day wave at the beginning of the year.
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MistValleySignpost
· 07-07 12:42
Negative premium for so long, either institutions are pulling out, or arbitrage funds are aggressively pressing it down. Doesn't feel good.
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CandleSitter
· 07-07 12:27
50 days of negative premium, are institutions really out of money or are they waiting for lower prices?
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GateUser-e62ee1b0
· 07-07 12:23
GUSD is already at 3.8%, and funds are clearly flowing to stablecoin yields. Who would still risk buying BTC?
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ExitLiquidityCupid
· 07-07 12:21
Coinbase premium has been in decline for 50 straight days, breaking the previous 40-day record and continuing. US institutional demand is indeed weak.
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NftsOutsideTheTidalLine
· 07-07 12:19
This indicator is quite accurate. Last time, after 30 days of negative premium, there was a big drop. This time it's been 50 days and still hasn't rebounded, I'm a bit panicked.
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