#BTCvsMarkets The data shows that the Bitcoin Coinbase Premium gap has dropped into negative territory, indicating that Binance whales may be fueling this rise.

#CryptoMarketCapBackTo$3T

The Bitcoin Coinbase Premium gap decreased alongside the latest price surge.

#dinnerwithtrump

As noted by an analyst in a quick post on CryptoQuant, the Bitcoin Coinbase Premium gap has fallen to a negative value. The term "Coinbase Premium gap" refers to an indicator that tracks the difference between the price of Bitcoin (USD pair) listed on Coinbase and its price on Binance (USDT pair).

#BTCvsMarkets

When the value of the metric 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 fewer sales) compared to Binance investors.

$BTC