Coinbase Premium Index Remains Negative for 900 Hours, a Two-Year High

BTC-1.31%
According to on-chain analyst Darkfost, the Coinbase Premium Index has remained negative for more than 900 consecutive hours on July 22, marking its longest such streak in two years. The sustained negative reading reflects persistent selling pressure from institutional and professional Bitcoin investors on Coinbase relative to Binance, suggesting continued caution among major market participants.
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