Bitcoin Trades At $122 Coinbase Discount As Premium Gap Hits 18-Month Low
CryptoQuant analyst Maartunn reports that the Bitcoin Coinbase Premium Gap has dropped deep into negative territory, reaching one of its lowest readings in 18 months. The metric now shows BTC trading at a $122 discount on Coinbase versus Binance, pointing to weaker US-based demand even as the spot price moves sideways around $88,900. This rare discount suggests American institutional and large traders are exerting more selling or less buying pressure than offshore counterparts.