Markets· ★★★· neutral·

Coinbase Prime institutional trades jump 196%, but Bitcoin is cheaper in the U.S. than abroad

  • —Coinbase Prime volume on September 14 was 6,595.34 BTC versus 2,226.36 BTC a day earlier
  • —The Coinbase premium has been negative for five straight days, at -0.0584% on September 15
  • —CME: leveraged funds held 13,038 short contracts versus 5,146 longs as of September 8
  • —VIX rose to 17.10, and the dollar index climbed to 99.61
Why it matters: Rising institutional trades alongside a negative Coinbase premium show large players are active but cautious, with no signal yet of a sustained upward reversal.
#BTC
Source: TokenPost
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