Coinbase Premium negative for fifth day, Prime volume drops 23%
- —Coinbase Premium: -0.0893% on September 17, -0.0581% on September 18
- —Coinbase Prime volume fell 23% to 5,368 BTC ($360.8 million)
- —CME: leverage funds hold 13,038 shorts versus 5,146 longs
- —VIX fell to 15.44, the dollar stood at 100.21, 10-year yields at 5.01%
Why it matters: A return of the premium to positive territory and a rebound in Prime volume would signal recovering demand from U.S. institutions.
Source: TokenPost