#BTCvsMarkets
The data shows that the Bitcoin Coinbase Premium gap has fallen into negative territory, indicating that Binance whales may be fueling this rise.
#CryptoMarketCapBackTo$3T
The Bitcoin Coinbase Premium gap decreased alongside the latest price increase
#dinnerwithtrump
As noted by an analyst in a quick post on CryptoQuant, 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 value of the measure 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
BTCUSDT
Always
92,104.8
-2.06%
