Data: Bitcoin negative premium on a certain exchange has narrowed to 0.018%
ChainCatcher news, according to Coinglass data, the bitcoin premium index on a certain exchange has remained in negative premium territory for 28 consecutive days, and has now narrowed to 0.018%.
The bitcoin premium index of a certain exchange is used to measure the difference between the bitcoin price on that exchange (a mainstream US trading platform) and the global market average price. This index is an important indicator for observing capital flows in the US market, institutional investment enthusiasm, and changes in market sentiment. A positive premium indicates that the exchange price is higher than the global average price, which usually means: strong buying power in the US market, active participation by institutions or compliant funds, ample US dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the exchange price is lower than the global average price, which usually reflects: greater selling pressure in the US market, decreased investor risk appetite, rising risk aversion sentiment, or capital outflows.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
VanEck staked another 12,600 ETH today, worth $37.9 million
Data: A total of 45.61 million KITE were transferred to an anonymous address, worth approximately $4.9 million.
Trending news
MoreA newly created wallet deposited 2.5 million USDC into HyperLiquid and opened a 10x leveraged short position on HYPE.
Data: In the past 24 hours, total liquidations across the network reached $285 millions, with long positions liquidated for $60.0871 millions and short positions liquidated for $225 millions.
