Coinbase Bitcoin Premium Index Hits Record 75-Day Negative Streak

The Coinbase Bitcoin premium index has stayed negative for 75 consecutive days, reaching -0.0973%, surpassing previous records and signaling potential institutional outflows.

Woofun AI data shows that the Coinbase Bitcoin premium index has remained in negative territory for 75 consecutive days, spanning from May 19 to the present, with the latest value recorded at -0.0973%. This duration exceeds the previous record of 40 consecutive days observed between January 16 and February 24 this year, as well as the approximately 30-day period during the "1011 crash." Historical patterns indicate that prolonged negative premiums are frequently associated with institutional capital exiting the United States, suggesting caution regarding short-term pullback pressure.