#BTCvsMarkets The data shows that the Bitcoin premium gap on Coinbase has fallen into negative territory, suggesting that Binance whales could be the ones fueling this increase.
#CryptoMarketCapBackTo$3T
The Bitcoin premium gap on Coinbase has decreased along with the latest price increase.
#dinnerwithtrump
As noted by an analyst in a quick post on the CryptoQuant platform, the Bitcoin premium gap on Coinbase has dropped to a negative value. The term "Coinbase premium gap" refers to an indicator that tracks the difference between the price of Bitcoin (pair with the US dollar) listed on Coinbase and its price on Binance (USDT pair).
When the value of the indicator is positive, it means that the cryptocurrency is trading at a higher price on Coinbase than on Binance. This trend indicates that Coinbase investors are engaging in larger purchases (or smaller sales) compared to Binance investors.