Coinbase Premium Turns Positive, but Coinbase Prime Volume Drops 36.6%
- —Coinbase Premium rose from -0.0289% on Sept 21 to +0.0385% on Sept 23
- —Coinbase Prime volume fell 36.6% to 8,950.73 BTC ($412.89M)
- —CME leveraged funds held 11,899 shorts vs 5,545 longs as of Sept 15
- —VIX eased to 14.21 while the dollar index rose to 100.69
Why it matters: The premium's return to positive territory points to US spot demand, but shrinking institutional volumes and heavy CME short positioning argue against a sustained capital inflow.
Source: TokenPost