🐳American whales are ramping up their $BTC purchases!
Buying pressure for Bitcoin from large investors in the U.S. has been continuously increasing since mid-April, clearly reflected in the Coinbase Premium index – which measures the price difference between Coinbase Pro (serving professional investors in the U.S.) and Binance.
🔍The higher this index → the stronger the buying pressure, and it reflects the interest of U.S. investors in Bitcoin.
Compared to the short price surge in November 2024, the current bull run has lasted nearly 2 months, and the Coinbase Premium index continues to maintain a steady upward trend, rather than spiking and then dropping quickly as before.
✅This indicates: Bitcoin is being quietly accumulated by whales and institutions, further reinforcing the belief that the upward trend is not over yet.