Coinbase Premium Stays Negative for Five Days as Institutional Volumes Drop 25%
- —Coinbase Premium: -0.0195% on Sept. 26 to -0.0548% on Sept. 30
- —Coinbase Prime volume fell 25.4% to 4,988 BTC ($395 million)
- —CME leveraged funds: 12,698 shorts vs 4,745 longs
- —VIX at 16.04, dollar index 101.43, US 10-year yield 5.24%
Why it matters: Weak US demand and a short-heavy CME book point to institutional caution; a flip in the Coinbase Premium back to positive would signal buyers returning.
Source: TokenPost