Coinbase premium hits yearly low, hinting at institutional selling
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The price difference between Bitcoin on Coinbase and Binance has dropped to its lowest level since December 2024.
The Coinbase Premium Gap, a metric used to estimate demand for Bitcoin from institutional investors compared to retail, has fallen to its lowest level in over a year — signaling a potential sell-off from professional investors, according to an analyst.
The Coinbase Premium is the price difference between Coinbase’s BTC/USD pair and Binance’s BTC/USDT pair.
When it turns negative to this extent, it means that the price of Bitcoin (BTC) on Coinbase Pro — a platform mainly used by professionals, institutions, and high-net-worth individual accounts — is lower than on Binance, a platform accessible to everyone and widely used by retail investors, CryptoQuant analyst Darkfost said on Thursday.
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