Coinbase Prime institutional bitcoin volume jumps 61.9% in a day
- —Coinbase Prime volume hit 4,792.89 BTC versus 2,960.04 BTC a day earlier
- —Coinbase premium at -0.1297% shows US spot prices below offshore levels
- —CME leverage funds held 5,520 longs against 11,364 shorts as of October 13
- —VIX fell to 18.44 and the dollar index slipped to 101.79
Why it matters: Heavier institutional flow without a positive Coinbase premium suggests US spot demand remains weak.
Source: TokenPost