Coinbase Premium Deepens to -0.20% as US Bitcoin Demand Weakens, but Prime Volumes Jump 122%
- —Coinbase Premium: -0.1992% on Oct 13 vs -0.1099% on Oct 9
- —Coinbase Prime volume hit 4,737.9 BTC on Oct 12, up 122% day-over-day
- —CME leverage fund positioning: 5,731 longs vs 12,583 shorts
- —VIX rose to 15.21, dollar index slipped to 102.43, 10-year yield at 5.22%
Why it matters: The gap between weak US spot pricing and surging institutional execution will show whether funds are buying the discount or pressing shorts further.
Source: TokenPost