#BTCvsMarkets The data shows that Binance whales are responsible for the latest surge in Bitcoin's price.
The data indicates that the Bitcoin Coinbase Premium gap has fallen into negative territory, suggesting that Binance whales may be fueling this increase.
#CryptoMarketCapBackTo$3T
The Bitcoin Coinbase Premium gap has decreased alongside the latest price rise.
#dinnerwithtrump
As noted by an analyst in a quick post on the CryptoQuant platform, the Bitcoin Coinbase Premium gap has dropped 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).
When the gauge value 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
