Arman Shirinyan
Coinbase market makers are no longer selling Bitcoin, but it might not be enough for bounce
The Coinbase Premium Index is a tool for determining the difference between Bitcoin’s price on Coinbase Pro and exchanges like Binance. The premium or discount on the index tells us if institutional investors are actively selling or buying the spot asset, which is a direct indicator of market sentiment.
Previously, the CryptoQuant analyst noted that for the last 45 days,…
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