Coinbase Premium Index: Institutions Were Selling, Not Buying This Rally
The post Coinbase Premium Index: Institutions Were Selling, Not Buying This Rally appeared on BitcoinEthereumNews.com. Coinbase Premium Index stays deep in negative territory as CryptoQuant data shows US institutions selling Bitcoin, not buying, since the November 2025 peak. The signal has been negative for months. On-chain analytics platform CryptoQuant flagged a persistent and deepening discount on Coinbase relative to Binance, one that started around the November 2025 peak near $125K and never really left. The Coinbase Premium Index measures the spread between Coinbase Pro and Binance prices. Green bars mean US institutional demand is active. Red bars mean the opposite. Right now, according to CryptoQuant’s analysis, the bars have been red for a long time. The 2024 Playbook Broke Down at $125K During the 2024 bull run, rising prices and a rising premium moved in step. US institutional participation was consistent and it showed in the data. That relationship snapped at the November 2