Earlier today (May 26, 2025, 14:00 UTC), 7,883 BTC in net outflows were recorded from Coinbase, with a total daily outflow of 8,742 BTC — marking it as the third-largest outflow in the past month.
As we know, except for Fidelity, all U.S. Spot Bitcoin ETFs source their BTC from Coinbase. A transaction of this scale strongly hints at institutional activity or an ETF-related purchase.
Historical patterns back this up: large-scale outflows from Coinbase are often followed by either ETF inflow surges or announcements from corporates like MicroStrategy declaring new BTC purchases.
This assumption is also supported by the Coinbase Premium Index, which has remained consistently positive over the past month. This implies strong buying interest from U.S.-based investors — especially institutions willing to pay a premium to get Bitcoin exposure.
📍 Conclusion:
These outflows reflect sustained demand from U.S.-based institutions. If this appetite continues, it may lay the groundwork for another leg up in Bitcoin’s price. Especially when fueled by ETF inflows, such moves can lead to sharp price breaks and new highs.
Written by burakkesmeci
